The Envelop Network has announced that it has added Bank of Ireland to its lending panel.
Bank of Ireland’s range of residential and buy-to-let (BTL) products will now be available to Envelop Network members, which includes access to the bank’s “first start mortgage”.
The first start offering allows first-time buyers to combine their income with that of a sponsor, and is also available to buyers who have been out of the property market for a while, or who need to buy a property on their own, for example if their personal circumstances have changed.
Originally launched in February 2021 as the F4B Network, the Envelop Network was renamed in September last year as part of a rebrand by parent company Envelop, which formerly went by First 4 Bridging.
The Envelop Network has continued to assemble a wide-ranging panel consisting of mainstream, BTL, specialist, short-term and later life finance providers. It also offers access to an array of protection and GI providers, full compliance support and a tech package consisting of features such as remote file checking, CRM system, research tools and a comprehensive PI insurance package.
Commercial director at The Envelop Network, Steve Swyny, commented: “Bank of Ireland’s intermediary proposition has evolved greatly over the past few years and they are a lender who consistently delivers a strong range of solutions to meet ever-changing borrowing demands.
“This is certainly apparent in the growth of its Bespoke product range and this lending facility offers an individual underwriting approach which I’m sure that many of our ARs and their clients will benefit from in the wake of a rising number of complex cases we are seeing across the residential and BTL markets.”
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