With three products available, they include a 2 year fixed at 4.08% and up to 80% loan to value with a 2 year 5.64% deal. Clients that switch their main personal bank account to Abbey will have access the range.
Sally Laker, managing director, Mortgage Intelligence & Mortgage Next, commented: “We’re delighted to be one of only an extremely limited distribution channel trialling this innovative product range. For Abbey to bring something completely different to the table offers an opportunity for our advisers to expand on their client offerings and access competitive rates in the process. This holistic approach to a client’s mortgage and their finances is proving popular with our members and we look forward to continuing to work closely with Abbey to deliver market leading deals.”
Adrian Whittaker, Director of Key Accounts, Abbey for Intermediaries, commented: “The trial is going exceptionally well and there does seem to be a strong appetite for the products we are offering. It demonstrates how working with a lender who has a large retail network and that offers a range of competitive products not just in mortgages but across the financial spectrum, can be beneficial to both intermediaries and their clients.”
