BoV widens suite of home loans products

Bank of Valletta is continuing to widen its suite of home loan products with the launch of its Buy-to-Let Loan.

John Soler, chief officer - Credit at Bank of Valletta, said: "We have continued to widen our range of home financing products, which today includes euro- and Maltese lira-denominated loans, fixed and variable interest options, equity release loans, buy-to-let loans, interest-only home loans and bridging loans.

"Buy-to-let loans are one of the recent additions that complements our comprehensive range of home loan products and offers our personal customers the opportunity to take out a loan to buy a property with a view to letting this property to third parties. This loan may also be taken to complete a residential property for the same purposes."

He added: "Our comprehensive home loan product range enables us to offer customers long-term support to own their home. We also give customers a quick reply to home loan applications, a factor that is contributing to the success that BoV is registering in this business area."

Mr Soler concluded that BoV's expertise in the area of home loans is deployed to support customers to find a financing solution that meets their particular requirements.

Full details about BoV home loan products are available from any Bank of Valletta branch or from BoV's Customer Service Centre on tel: 2131-2020. Loans are subject to the bank's lending criteria and final approval from a BoV branch.