We are launching new fee options in our range

12/05/2010

As part of our ongoing review to improve our offer to you, Abbey is, for the first time, launching new high and low fee options on a number of our Fixed and Tracker rate products.  This gives you the opportunity to offer your clients a wider choice of options available on fees and rates to suit their circumstances:

• 2 year Tracker Remortgage product, 70% LTV, 2.53% (BBR+2.03%) with a £1,495 fee and maximum loan size of £1m
• 2 year Tracker Remortgage product, 70% LTV, 2.73% (BBR + 2.23%) with a £495 fee and maximum loan size of £1m
• 2 year Fixed rate Homebuyer and Remortgage products, 75% LTV 3.99% with a £495 fee

We are also launching a number of additional products including:

• 2 year Fixed rate Core product, 75% LTV 3.65% with a £995 fee and maximum loan size of £250k
• 2 year Tracker Homebuyer product, 70% LTV, 2.59% (BBR + 2.09%) with a £995 fee and maximum loan size of £1m

We are also reducing the rates by up to 0.60% on a number of our Fixed rates including the following:

• 2 year Fixed rate, Homebuyer and Remortgage products, 75% LTV, 3.75% with a £995 fee
• 3 year Fixed rate, Homebuyer and Remortgage products, 75% LTV, 4.39% with a £995 fee

We have increased the maximum loan size to £1m on a number of our 2 year Tracker rates, including the following:

• Homebuyer product, 70% LTV, 2.49% (BBR +1.99%) with a £1,495 fee
• Homebuyer product, 70% LTV, 2.69% (BBR + 2.09%) with a £495 fee
• Remortgage product, 70% LTV, 2.63% (BBR + 2.03%) with a £995 fee

For full details of our new range please see the Rate Bulletin (Issue 16) which will be available on Thursday 13th May 2010.