Bank of Ireland for Intermediaries has launched a series of new products for first-time buyers, with cashback incentives, recognising the long list of costs involved for consumers when buying their first home.

The new range includes a five-year fixed product for up to 95% LTV, priced at 5.42% with no fee and £1,000, £2,000 and £3,000 cashback options.

There is also a five-year fixed product for up to 90% LTV, priced at 5.12% with no fee and £1,000, £2,000 and £3,000 cashback options.

Lastly there is a five-year fixed product for up to 85% LTV, priced at 4.94% with £995 fee and £3,000 cashback.

Bank of Ireland for Intermediaries head of sales Alan Longhorn commented; “We strongly support the ambitions of many consumers to own their own homes and the release of this new range of products demonstrates our commitment to provide solutions that help even more first-time buyers get onto the property ladder.

“We have provided cashback incentives across this new range to give a boost to first-time buyers balancing the multitude of expenses associated with buying a home.”