TMA offers two-year fix for Abbey customers
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The Mortgage Alliance is offering a two-year fixed rate deal from Abbey for clients who hold an Abbey bank account.
The product is available at 3.65% until January 2 2012 then reverts to Abbey’s SVR, currently at 4.24%.
It is available up to a maximum LTV of 70% and a maximum loan size of £1m.
It comes with a £995 booking fee with a completion deadline of January 29 2010.
The deal can be accessed for both purchase and remortgage client who can prove they have an Abbey bank account with one or more active direct debits and a regular minimum deposit of £1,000 per month.
TMA is also offering a separate two-year fixed remortgage deal from Abbey for Intermediaries at 3.94%.
TMA also has a two-year tracker for purchases at Bank of England base rate plus 2.59%, currently 3.09%, as well as an A&L remortgage deal at Bank base rate plus 2.69%, currently 3.19%.
Both deals have a 75% LTV and a booking fee of £995.
Phil Whitehouse, head of TMA, says: “We are seeing a slight increase in the amount of exclusive and semi-exclusive deals being released by lenders via their key accounts and this has to be a positive sign for the broker market.
“At TMA we are delighted to be able to offer brokers greater choice and be in a position to help address their client’s needs by having access to such products.”
