Homebuyer solutions

Available to: all customers moving home and first-time buyers

Free valuation

All customers will receive a free valuation for mortgage purposes (up to a property value of £2.5 million) - provided by Abbey’s Group Survey Office. If a customer requires a Homeview survey, they will have to arrange and pay for this separately. Abbey will not refund the Valuation for Mortgage Purposes fee.

£250 cashback

All customers will receive £250 cashback at completion, as a contribution towards legal costs.

or - Homebuyer Plus

We also arrange and pay for the cost of legal work involved in the purchase of your customer’s new property. However, your customer will be required to pay for any disbursements like searches, land registry fees, the fees for submitting the Stamp Duty Land Tax form and the Stamp Duty Land Tax, if applicable.

If any additional work is required, which is not normally associated with a standard purchase, then this will be at your customer’s own cost. Your customer will be advised of the cost of additional work before any work is carried out.

If your customer 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.

Early repayment charge - homebuyer solution

Should your customer redeem their mortgage before the end date on the benefit package, they will need to repay either the £250 cashback or up to £400 for the purchase legal work. The benefit end date is shown on the KFI and on the Rate Bulletin. The repayment of the benefit will be in addition to any product early repayment charge which may apply.