Hibernian Insurance has launched a new mortgage service, Hibernian Homeloans, available from Hibernian’s extensive nationwide retail branch network from today*.
A one stop shop for all home finance need
Hibernian Insurance has launched a new mortgage service, Hibernian Homeloans, available from Hibernian’s extensive nationwide retail branch network from today*.
With a headline interest rate of 2.95% fixed for the first year, Hibernian is seeking to offer the most competitive interest rate on the market today. With approval ‘in-principle’ decisions made within twenty-four hours, the Hibernian service is quick and very convenient.
Hibernian also offers a cost effective express cheque service for all re-mortgaging clients, which takes no more than 15 days to process. The charge for this service, including all legal fees, is €895, a very competitive rate given that this service is usually 1% of the purchase price of the house plus VAT.
With this new mortgage venture Hibernian is seeking to position itself in the market as the one-stop-shop for all home finance needs. Home buyers can insure their home and contents, organise mortgage protection or life assurance cover, and now even secure their mortgage - all under the same roof.
Alan Kavanagh, Hibernian Homeloans manager, said: “Buying a house is a complicated process for most people and even more so for first time buyers. By entering into the mortgage market Hibernian is hoping to make that process just a little bit easier. Instead of dealing with a separate bank, insurance company and life assurance company to sort out your mortgage, home insurance and mortgage protection needs you can now do all of this under one roof at your local Hibernian branch. Add this to the fact that our first year fixed interest rate of 2.95% is one of the most competitive in the market at the moment, and we are certain that a Hibernian Homeloan will be a very attractive option for both first time buyers and those interested in re-mortgaging”.
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* Hibernian branches can be located at: Arklow, Bray, Castlebar, Cavan, Cork (South Mall, Mallow, Skibbereen), Drogheda, Dublin (Dun Laoghaire, Haddington Rd, Phibsboro, Swords Ballsbridge, Fairview, Lucan), Dundalk, Galway,Kilkenny, Letterkenny, Limerick, Monaghan, Mullingar, Naas, Navan, , Sligo, Thurles, Tralee, Tullamore, Waterford, Wexford
** Hibernian Homeloans are mortgages in association with IIB Homeloans
Press contact:
Kela O’Riordan, 01 617 8164, 086 606 8842,
kela.oriordan@hibernian.ie
Notes to editors:
- Hibernian is part of the Aviva plc the fifth largest insurance group in Europe, and seventh globally (based on gross worldwide premia)
- Hibernian is Ireland’s largest composite insurer, ranked first for general insurance and top five for life and pensions
- A photograph is available by ISDN
- Hibernian news releases are also available on www.hibernian.ie