Abbey lower mortgage rates and launch new 10% deposit option

Abbey for Intermediaries has made some significant changes to their mortgage range and lowered many of their rates by up to 1.1%.

Their lowest mortgage rate is fixed for two-year at 2.24% (4.5% APR) and it has a £1,995 arrangement fee. Abbey require a 40% deposit and the maximum loan size is £1 million.

Abbey’s new first-time buyer 10% deposit mortgage is particularly low at 4.49% (4.9% APR) and it has a £495 arrangement fee. The maximum loan size is £300,000.

January 11, 2013

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