Commercial remortgage deal from Abbey and ASC

ASC Finance for Business and Abbey have launched an exclusive commercial remortgage deal.

ASC is offering an exclusive commercial remortgage deal where the transaction costs are not payable. The product has low transaction costs and an absolute bonus for the client.

Henry Ejdelbaum, managing director at ASC Partnership, says: “We are delighted to be able to offer this great deal and we are committed to assisting clients. After a strong relationship built over
the last 25 years, ASC and Abbey have come together to offer this commercial remortgage proposition.”

The bonus of this scheme is that on completion, Abbey does not charge an arrangement fee and it pays the valuation and solicitors fees.

This exclusive arrangement is available on loans from 75,000 to 500,000. Interest rate for loans between 75,000 and 199,999 are base + 2.25%, from 200,000 to 349,999 is base + 2%, from 350,000 to 500,000 is base + 1.75%.