Abbey offers its account holders 3.65% fixed rate

Abbey for Intermediaries has launched a two-year fixed rate deal at 3.65% available only through brokers for existing Abbey account holders.

The product is available up to 70% LTV with a £995 booking fee for both purchases and remortgages.

It is accessible via Abbey for Intermediaries’ 21 key account partners, estimated to cover over 90% of the broker market.

Ricky Okey, managing director of Abbey for Intermediaries, says: “We are keen to show that we are willing to think innovatively on product design and we expect the market to respond well to this proposition.”

He adds that Abbey for Intermediaries is also making changes to the design of its affordability calculator in response to broker feedback.

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