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EBS launches new first time buyers package

The EBS Building Society has today launched a new mortgage package for first time buyers. The new package will allow first time buyers borrow up to 92% of the property value.

EBS will pay the Mortgage Indemnity Bond, and will also give the First Time Buyers Grant up front.

A one year variable rate of 3.85% is being offered, with a one year fixed rate of 3.99% up to a five year fixed rate of 5.45%.