News
Abbey to launch 90% fee-free first-time buyer mortgage
Abbey for Intermediaries is set to launch a fee-free, three-year first-time buyer loan offered at up to 90% Loan to Value.
Available from tomorrow, brokers heard today the loan will be offered alongside Abbey’s Homebuyer Solution at 4.89%.
The second biggest UK lender also plans to cut a number of its fixed and tracker rates, including the five-year NewBuy loan from tomorrrow.
The lender will make some changes to its charge and benefit end dates and has added a month to its completion deadlines. Product codes will also be replaced on its fixed rates.
Full details will be available from tomorrow.
Abbey was unavailable to comment.
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