Danske Bank Ballymoney flicks the switch on new £500 mortgage deal

House hunters and home owners in Ballymoney could benefit from a major new campaign from Danske Bank aimed at attracting new mortgage customers and boosting the mortgage market.

The campaign includes a £500 cashback incentive for all new to bank switchers and first time buyers taking out a Danske Bank mortgage, the removal of arrangement fees on residential mortgage products and reduced rates on its Base Rate Tracker and Fixed Rate mortgages.

Lorraine Semple, Mortgage Consultant at Danske Bank Ballymoney, said: “Moving house can be an expensive process and those often forgotten costs such as removal fees or stamp duty can add further pressure to already tight purse strings. By offering £500 cashback and removing arrangement fees we are hoping to ease some of that pressure for first time buyers and mortgage switchers.

“Customers switching their mortgages to Danske Bank from another financial institution may also be able to save on their monthly mortgage repayments with our newly reduced rates. Our message to anyone thinking about buying their first home, moving house or switching their mortgage would simply be to contact us, not just in terms of what we can offer, but importantly to help them work out whether they can afford the house they are interested in buying.

“Although we hope to stimulate the mortgage market with our new incentives and pricing changes, our commitment to the mortgage market isn’t new. We offer a good range of straightforward, easy to understand products and remain open for mortgage business.

“We believe that banking should fit in around our customers’ lifestyles and not the other way round, and this was reflected by a marked increase last year in the number of people applying for their mortgage at a time that suited them using our telephone service. As well as branch based Mortgage Consultants, trained mortgage advisors are available over the phone between 8am and 8pm on weekdays and 9am until 1pm on Saturdays, making it a much more convenient option for those with busy lifestyles.”

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