‘We want to help house buyers in Newry’, claims Danske Bank

Newry Times News Posted by
info@newrytimes.com
Tuesday, October 15th, 2013
Community, What's On

First time buyers, house hunters and mortgage switchers in Newry could benefit from a major new campaign from Danske Bank aimed at further stimulating the mortgage market.

Danske Bank has cut rates across the majority of its mortgage products, introduced a competitive new fixed rate product exclusively for first time buyers and introduced 95 per cent loan to value mortgages for both first time buyers and switchers.

The new campaign sees rates as low as 2.28%. There are no arrangement fees and the Bank has extended its £500 cash back incentive for the duration of the campaign.

As part of the campaign all branches of Danske Bank will hold a Mortgage Week commencing Monday 21st October. During that week customers can call in to any Danske Bank branch and get a quick mortgage quote without an appointment.

They will have the opportunity to enjoy some light refreshments and chat to staff about the ins and outs of buying a home or switching mortgage and how the Bank can help them.

Adrienne Cockram, Senior Branch Manager, Newry said, “Confidence is beginning to return to the housing market, with house prices and transaction numbers starting to rise. Across the bank we are seeing demand from first time buyers in particular, with over 50 per cent of our new to bank mortgages in the first half of this year going to customers buying their first home.

“With our pricing reductions and incentives we want to take away some of the worries typically associated with buying a new home, such as high interest rates, arrangement fees, the need for a large deposit or fears about future rate increases.

“And it’s so easy to take out a mortgage with us – our fully qualified mortgage specialists are available for meetings in a branch or over the telephone, with evening and weekend telephone appointments available meaning customers can arrange their mortgage from the comfort of their own home and outside working hours.

“Our mortgage specialists will help customers find the right mortgage for them, one they’re totally comfortable with in terms of monthly repayments now and in the future. We are very much open for business, with money to lend to both existing and new customers in Newry.

“In fact Danske Bank has approved over £1.2 billion in mortgages since 2010 which demonstrates our commitment to mortgage lending throughout the economic challenges of the last few years. We want to help get the market moving, which is why we are launching our strongest offering for mortgage customers in a long time,” she added.

The pricing changes effective from 16th September include a highly competitive new three-year fixed rate product exclusively for first time buyers and reduced rates on the majority of mortgage products, including all Base Rate Tracker and two and five-year fixed rate mortgages.

More information about the range of mortgage products and services available from Danske Bank can be found online at www.danskebank.co.uk, by calling 0800 389 0833 or by calling in to any branch.


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