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Abbey launches fee-free FTB mortgages

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  • 10/05/2013
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Abbey launches fee-free FTB mortgages
Abbey for Intermediaries has launched a range of high loan-to-value fee-free products aimed at first-time buyers.

The range includes a two-year fixed rate 90% LTV mortgage at 4.59% and a three-year version at 4.79%. Both products are aimed at first-time buyers.

Abbey for Intermediaries managing director Miguel Sard said: “We are delighted to support higher LTV borrowers with our new range of fee-free products at 85% and 90% LTV.

“We are committed to supporting intermediaries and their clients with great products, and we expect there to be strong demand for these highly competitive new deals.”

Other deals include a five-year fixed rate 85% LTV mortgage at 4.49%.
All products come with a free standard mortgage valuation and the option of £250 cash back on completion.

The new range includes:

• Two-year fix with a rate of 4.29%, available up to 85% LTV to homebuyers and remortgagers
• Two-year fix with a rate of 4.75%, available up to 90% LTV to homebuyers
• Two-year fix with a rate of 4.59%, available exclusively up to 90% LTV to first-time buyers
• Three-year fix with a rate of 4.89%, available up to 90% LTV to homebuyers
• Three-year fix with a rate of 4.79%, available exclusively up to 90% LTV to first-time buyers
• Five-year fix with a rate of 4.49%, available up to 85% LTV to homebuyers and remortgagers
• Two-year tracker with a rate of 4.29% (BBR + 3.79%), available up to 85% LTV to homebuyers

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