Bristol & West announces new first time buyer mortgages

23-Mar-2007

Bristol & West announced yesterday a new range of mortgages specifically for first time buyers.

Available only to first time buyers employed in one of the lender's qualifying 15 professions, the new mortgages offer interest rates ranging from 5.69 per cent to 5.99 per cent; fixed-rate and tracker options are both available.

Eligible professions include police officers and pharmacists and each mortgage within the range is available up to a loan-to-value of 100 per cent.

To find out about those mortgages specifically aimed at first time buyers, see our best buys for first time buyers table.

"We understand that our direct customers want simplicity in obtaining their mortgage," said Alison Pallett, head of consumer lending at Bristol & West.

"We pride ourselves in developing products that help our customers access the best mortgage for their needs," she added.

Applicants are required to earn at least £20,000 per year.

Bristol & West is a member of the Bank of Ireland UK Financial Services group.

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