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Beat the mortgage blues with Hibernian's Summer Sizzler and save almost €1,500

18th July 2007

Hibernian, the home of good thinking, has just launched its new ‘Summer Sizzler’ homeloan to help homeowners around the country beat the mortgage blues. With each new remortgage application between now and the end of September 2007, Hibernian is giving away up to €1,500 in free services and products. Starting with three months home insurance free up to a value of €150 and free legal fees worth up to €1,200, Hibernian is also offering a free valuation worth up to €150. The free insurance offer, which becomes available when the borrower purchases their first year’s home insurance from Hibernian, helps intending home purchasers keep their property and contents safe from the unexpected. The combination of easy loan application, free legal fees, free valuation, free insurance and a competitive interest rate is part of Hibernian’s one-stop-shop approach to make the remortgage transaction as easy as possible for consumers.

With significant savings to be had it’s no wonder that the Summer Sizzler offer is causing quite a stir. The money saved is the equivalent to a new sofa, new carpets or a host of other home furnishings and will be a big boost to borrowers as they make plans to improve their own home, buy an investment property or simply reduce their monthly payments by clearing expensive loans and putting them into a better value mortgage.

Hibernian Homeloans are offered to consumers in partnership with IIB Bank and there is a mortgage type to suit everyone whether it be a fixed or variable.

Hibernian, which is among the most trusted brands in the insurance and financial services sector, has been providing insurance and financial services in Ireland for almost 100 years. With 27 branches around the country and a total of over 2,000 people, Hibernian is one of Ireland’s larger employers.

About Hibernian

  • Hibernian Group is Ireland’s largest composite insurer, ranked first for general insurance and top three for life and pensions.
  • Hibernian Group is a subsidiary of Aviva plc, the world’s fifth-largest insurance group and the UK’s largest insurance services provider (based on gross worldwide premiums at 31 December 2005), and is one of the leading providers of life and pension products to Europe, with substantial positions in other markets around the world. Aviva employs 58,000 staff worldwide.
  • Aviva’s principal business activities are long-term savings, fund management and general insurance, with worldwide total sales of £41.5 billion and assets under management of £364 billion at 31 December 2006.
  • Morley is the UK-based asset management business of Aviva plc. Firms within the Morley group of companies manage £169bn (€247bn) from offices around the world as at 30 April 2007.
  • With a strong track record in the property arena, Morley has seven European property funds focusing on a range of sectors and markets and over the last 24 months has acquired over 50 properties in 11 countries. These funds account for over €1.1bn of European assets under management.
  • In 2006 Morley Fund Management won two awards at the Central and Eastern European Real Estate Quality awards taking ‘Outstanding Company of the Year’ and ‘Investor of the Year’ for its Central European Property activities.
  • The product information above is for press release purposes only; full details are contained in the product literature available from Hibernian.
  • The value of property investments is generally a matter of valuer’s opinion rather than fact. In addition, property investments may not always be readily saleable and very occasionally there may be constraints on cashing in units.
  • The value of investments abroad may rise and fall due to exchange rate movements.

Media enquiries:

Alan Tyrrell
+ 353 1 898 5452

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