Bank of Ireland, today, Thursday 18th December, is taking another positive step to support First Time Buyers by announcing a market leading 1 year fixed rate of 2.95% (4.0% APR) specifically for First Time Buyers.
This rate will be available to all First Time Buyers from the 19th December 2008, for customers who drawdown their mortgage before 30th June 2009.
Commenting on this great new rate, Jonathan Byrne, Head of Mortgage & Loans, Consumer Banking, Bank of Ireland said “2008 was a difficult year for house buyers, particularly First Time Buyers. However, the recent rate cuts from the European Central Bank along with house price reductions means we are starting to see improved affordability in the market place.
“Our new rate of 2.95% (4.0% APR) combined with our attractive lending criteria and our excellent service levels, illustrates our commitment to providing our customers with the right products, advice and options to buy their first home.”
Ends 18th December 2008
Group Consumer Communications Manager
Bank of Ireland
Tel: 01 604 3750
Bank of Ireland Mortgage Bank is a member of the Bank of Ireland Group. Bank of Ireland and Bank of Ireland Mortgage Bank, trading as Bank of Ireland Mortgages, are regulated by the Financial Regulator.