Abbey launch super low 1.99% fix available up to £1 million
Abbey for Intermediaries has launched a 1.99% two year fixed rate. It is available through a selection of key account mortgage brokers and to a maximum of £1 million. The mortgage has a £1,495 arrangement fee and borrowers will need a 40% deposit to access this deal. The mortgage will be withdrawn on Tuesday 2nd April.
Aaron Strutt, a broker at Trinity Financial, says: "Sub 2% rates offer incredible value for money and the other benefit is that Abbey still offer interest-only, unlike nearly every other high street mortgage lender.
"There are some fantastically competitive two year rates available to borrowers with a 40% deposit. That said, mortgages are not a huge amount more expensive for those with a 25% deposit."
March 21, 2013
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