It is offering a couple of two-year fixed rate homebuyer and remortgage products from Abbey for Intermediaries alongside a number of repriced four-year fixed rate deals from Abbey for Intermediaries and Alliance and Leicester (A&L).
The two semi-exclusive deals released by Abbey for Intermediaries consist of a two-year fixed rate homebuyer product and a two-year fixed rate remortgage product. Both deals have a headline rate of 4.09% available until 2nd December 2011 after which they will revert onto Abbey’s standard variable rate (SVR) which currently stands at 4.24%. They are available for all customers with a loan-to-value (LTV) of up to 70% and a maximum loan size of £1 million. The product comes with a total booking fee of £995, a product early redemption charge (ERC) of 3% and no higher lending charges.
The annual percentage rate (APR) for the homebuyer product is 4.3% with a cashback ERC repayable to 2nd September 2011 and includes a free valuation – up to a property maximum of £2.5million – and a £250 cashback. The completion deadline is 26th February 2010.
The APR for the remortgage product is 4.4% and includes a free valuation – up to a property maximum of £2.5million – and standard legal fees paid. Standard legal fees ERC (max £200) are repayable up until the 2nd September 2011. The completion deadline is 31st December 2009.
The re-priced products from A&L consist of a reduced rate of 4.99% on its four-year fixed rate homebuyer and remortgage products. Both deals have a 70% LTV and a booking fee of £995.
Abbey for Intermediaries has also re-priced its four-year homebuyer and remortgage fixed rate products which again both have a 70% LTV and £995 booking fee attached to them.
