The lender said the re-introduced high LTV mortgage, which has a rate of 4.05% and comes with no product fee, would be available across the whole of the UK including Northern Ireland.

The move comes just days after Accord announced it would be returning to 95% LTV lending with the reintroduction of new products for borrowers with 5% mortgages.

Bank of Ireland said its offering to the market would be available, exclusively through intermediaries, to first-time buyers, home movers and it would also be on offer to self-employed applicants. George Higginson, UK mortgages director for Bank of Ireland UK, said: “At Bank of Ireland UK, we’re committed to making things easier for intermediaries and their clients.

“The last year has seen unprecedented challenges in the market. Over this time we’ve consistently offered a full range of mortgages to help provide certainty for brokers and their end customers.

“By offering a 95% LTV mortgage product again, we’ll be able to help many first time buyers, second steppers as well as the self-employed who are often overlooked by other lenders.”