Small deposit fee free 2 year fixed rate Abbey mortgages are launched.
Two new lower deposit Abbey mortgages have been launched ahead of its re-branding next week to Santander for Intermediaries.
Now only will both new property buyers and remortgaging home-owners benefit from reduced upfront costs, they will benefit from cheap rates.
In addition first time buyers will also have access to a deal allowing them to more easily climb on the property ladder.
With 15% deposit as a deposit, a 2 year fixed rate mortgage is on offer at 3.79% fee free. This deal to available for both new purchase and remortgage.
For first time buyers with a smaller 10% deposit a 90% LTV Abbey mortgage has been launched at 4.49% fixed for 2 years. This deal is also fee free leaving buyers with more spare cash with which to set up their first home.
A spokesperson for the lender commented advising that the deals on offer come with the added benefit of Abbey's homebuyer or remortgage solution.
A third deal has been launched, a 2 year key account exclusive is available at 2.14%. The fee charged is £1,249 and there is a minimum £200,000 loan size.
If you are interested in reviewing these new deals or would like a comparison against the wider market, you are recommended to call independent 'whole of market' broker Deal Direct on 0800 048 8828.
Our advisers compare all mortgages on a 'like for like' basis to ensure we come up with the deal that is most competitive in the wider market.
Call today and let us find you a low rate mortgage.
Speak to an adviser on 0800 048 8828.