View more on these topics

Abbey launches four-year fixed for first-time buyers

Abbey for Intermediaries is launching a four-year fixed rate deal for first-time buyers at 5.84%.

The product is available from April 3 at up to 85% LTV and with a fee of £495.

It comes with the Abbey Homebuyer Solution, which offers a free valuation and £250 cashback on completion.

AfI is also launching a three-year fixed rate deal for home buyers at 4.14%, offered with a maximum LTV of 60%, a £994 fee, and the Homebuyer Solution.

The fee on AfI’s two-year tracker at 3.49% has also been cut to £995.

Ricky Okey, managing director at AfI, says: “We are committed to meeting the needs of first-time buyers in today’s difficult market conditions.

“The product also offers our Homebuyer Solution, removing some of the additional costs associated in buying a home.”

Recommended

PMS partners with London & European

PMS members can now access London & European’s online conveyancing service and earn up to £100 commission for each completed case.

Towards a buy-to-let alliance

In this open letter to lenders, professional landlord Nick Gillingham argues that a closer business relationship between lenders and landlords would benefit both parties, especially in the present climate

Now more than ever, we need to back the small developer

In the context of the current housing deficit, the latest housebuilding stats aren’t great. But what does doing better look like? The Department for Communities & Local Government published its latest figures at the end of August, which revealed that housebuilding starts in England rose 2 per cent in Q2 compared to the previous quarter […]

Newsletter

News and expert analysis straight to your inbox

Sign up