Abbey for Intermediaries launches tracker rates
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Abbey for Intermediaries will be launching a number of new tracker rates tomorrow at 70 and 80% LTV.
The new products, available to homebuyers only include a two- year tracker mortgage at 70% LTV at 2.49% with a £1,495 fee, as well as a two-year tracker mortgage at 70% LTV at 2.69% with a £495 fee.
It is also offering a two-year tracker mortgage at 80% LTV, homebuyer at 3.94% with a £995 fee and a two-year tracker mortgage at 80% LTV remortgage at 3.94% with a £1,495 fee.
In addition, Abbey for Intermediaries is also reducing the rate on its 80% LTV, two-year fixed rate homebuyer product, by 0.04% to 4.95%.
For its key account range it is offering a two-year fixed mortgage at 70% LTV for its Homebuyer range, down by 0.10% to 3.59% with a £995 fee, and a two-year fixed mortgage at 70% LTV, remortgage, down by 0.05% to 3.64% with a £995 fee.
Existing current account customers who can also benefit from a 0.10% cut in rates and get a two-year fixed mortgage at 70% LTV at 3.49% with a £995 fee.
Ricky Okey, managing director at Abbey for Intermediaries, says: “We are able to write one in five mortgages in the UK because of our focus on ensuring that we consistently deliver market leading rates to the intermediary channel.
“At this time of year, with spring approaching, keeping an ongoing review of our product range is a key part of our strategy to support the broker community during what is traditionally a popular time of the year for home purchases”.
