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Abbey launches 10-year fixed and lower rate tracker

Abbey has launched a new 10-year fixed rate and 4.99% tracker.

Its no upfront fee deals include a two-year fixed at 5.59% and a remortgage deal fixed at 5.64%

Its 999 upfront fee two-year is fixed at 4.99%, while its new 10-year fixed rate is 5.34% with a 499 fee.

There is also a two-year fixed at 4.99% with a 499 fee for first-time buyers.

Nici Audhlam-Gardiner, head of mortgages at Abbey, says: “Following the fall in swap rates in March, we have launched some competitive new deals for new customers.

Were committed to making sure that Abbeys fixed rate mortgages continue to be among the best rates in the market.

The changes do not affect rates for existing customers.


AToM appoints RDMs for the North

All Types of Mortgages has appointed David Cadwallender as regional development manager for Yorkshire. David joins Peter Eckersley the RDM for the North-East and Martin Roby the RDM for Liverpool.David Cadwallender joins AToM from Mortgage Brain, where he was business development manager covering the North of England, Scotland and Northern Ireland areas. Cadwallender’s responsbilities included […]

Friends of Earth calls for council tax rebates for green homeowners

Friends of the Earth has made a plea to the chancellor to pour out over 2bn to encourage homeowners to get green.This call follows the green pressure group writing a letter to housing minister, Yvette Copper that has been leaked to Mortgage Strategy.This will involve Council Tax rebates and exemption of VAT on environmental refurbishments […]

Lehman brands to use Hometrack AVMs

Lehman Brothers four mortgage brands, Southern Pacific Mortgage Limited, Southern Pacific Mortgage Loans Preferred and London Mortgage Company are set to use Automated Valuation Models provided by Hometrack. Simon Hinshelwood, chief executive officer of Lehman Brothers Mortgage Capital businesses, says: In certain circumstances we will now allow our packagers the option of instructing an AVM […]

Money Portal acquires stake in TPIM

Money Portal has acquired a 7.8% stake in The Property Investment Market with the ability to increase its holding to up to 20%.TPIM provides an internet based exchange which allows private investors to buy and sell shares in individual residential properties, just as they would currently trade shares in the stock market. With a minimum […]

Choose life…

Sarah Scott  – Marketing Consultant, Royal London  This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]


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