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Thursday, 11 July 2013

Abbey to launch fee-free high LTV products

Abbey for Intermediaries is to launch a pair of fee-free mortgages targeted at first-time buyers and those with a small deposit.
The lender, which yesterday announced it was to rebrand its broker channel as Santander for Intermediaries from next week, will launch the new products tomorrow, on Friday 12 July.
A two-year fix for first-time buyers will be available at 4.49% up to 90% LTV while a separate two-year fix will be offered at 3.79% up to 85% LTV to all homebuyers and remortgagers.
Miguel Sard (pictured), managing director of Abbey for Intermediaries, said the lender was eager to offer fee-free options to borrowers.


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