Mortgage & Property Advice Centre for First Time Home Buyers

Heritable Bank extends offer for those buying a home

27-Mar-2007

Heritable Bank has announced its decision to extend part of its Reasons to Love Heritable Bank promotion, which may be of interest to first time home buyers.

The bank has decided to extend until April 30th 2007 its residential mortgages introductory fee promotion, which is available on mortgage products within the bank's portfolio, including buy-to-let, short-term and semi-commercial mortgages, which may be of interest to would-be first time home buyers.

"We are always looking to offer additional benefits through our flexible underwriting expertise at Heritable Bank," said Colin Stevens, director of residential mortgages at Heritable Bank.

"By extending and enhancing the existing offer, we're expecting further interest," he added.

Heritable Bank's extension now allows the bank to accept borrowers that do not fit within standard criteria, enabling them to participate in the offer which can include reduced arrangement fees and enhanced introductory fees.

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

Formed in Glasgow in 1877, Heritable Bank came under the ownership of the National Bank of Iceland in 2000.

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