The product ia available at a rate of 5.69 per cent (7.6 per cent APR) from 12 October 2007 for loans up to 90 per cent LTV and has no higher lending charge.
John Malone, managing director at Premier Mortgage Service said: "We are delighted that Abbey has once again provided an excellent exclusive for our members. Our commitment to continue offering exclusive products is a high priority to us and support from key lenders such as Abbey, who ensure that exclusive rates are regularly made available to PMS members only further emphasises our stance in the industry and our efforts to provide an unrivalled service to our members.’
Ricky Okey, managing director at Abbey for Intermediaries, added: "It is important that we continue to deliver competitive rates and offers throughout the intermediary channel and our current tie-in with PMS is a good example of this. Our research shows that there is still a very high demand for short-term fixed-rate mortgages and so we hope that subscribers to PMS will be able benefit from the great rate on offer."
