Homebuyer Plus mortgages
To benefit from this product, your client must be buying in the UK and use an Abbey appointed law firm.
Our Homebuyer Plus Mortgage offers your clients a free valuation for mortgage purposes and standard legal fees paid for the purchase of their new home.
If your client is buying their house in Scotland and they need urgent assistance to submit their offer, please call the appointed conveyancer direct on 0844 576 7811.
If your client wants to use our conveyancer for the sale of their own property this can be arranged at an additional cost. Your customer will have to pay these costs direct to our conveyancer.
Please ensure the following documents are explained and given to your client before they commit to this product.
On Introducer Internet, select only HP products, use Premier Homebuyer solution as the benefit package, enter £0 as the valuation fee and solicitor code as Abbey, so that your customer benefits from this package.
This table shows our latest Homebuyer Plus Mortgage rates.
Minimum loan £6,000
2 year variable rate Tracker
| Maximum Loan to Value | HLC | Initial Rate | Differential to BBR | APR | Booking fee | Completion deadline | Maximum loan size | Early Repayment Charge | Payable if you repay on or before | Product Code | Benefit package |
|---|
| 75% | No | 3.44% | 2.94% | 4.3% | £995 | NONE | £1m | 2% + benefit | 2nd anniversary | HP211 | Homebuyer Plus Solution |
| 85% | No | 4.49% | 3.99% | 4.4% | £995 | NONE | £550k | 2% + benefit | 2nd anniversary | HP212 | Homebuyer Plus Solution |
2 year Fixed rate
| Maximum Loan to Value | HLC | Initial Rate | Differential to BBR | APR | Booking fee | Completion deadline | Maximum loan size | Early Repayment Charge | Payable if you repay on or before | Product Code | Benefit package |
|---|
| 75% | No | 3.59% | n/a | 4.4% | £995 | 31 July 2012 | £1m | 3% + benefit | 2 April 2014 | HP213 | Homebuyer Plus Solution |
| 85% | No | 4.69% | n/a | 4.6% | £995 | 31 July 2012 | £550k | 3% + benefit | 2 April 2014 | HP214 | Homebuyer Plus Solution |