View more on these topics

Abbey cuts rates on two year fixes

Abbey for Intermediaries has cut its rates on its two year fixed  rate products by up to 0.24% from Friday.

It will also reduce rates on a selection of its three, four and five year fixed rates, with rates now starting from 4.45% and including the Homebuyer solution.

A spokeswoman for Santander says: “Our latest rate reductions mean that intermediaries can now offer their clients an even more competitive range of two, three, four and five-year fixes, ideal for borrowers looking for the peace of mind provided by a fixed term product.

“These latest changes to the Abbey for Intermediaries product range provide brokers and their clients with even better deals to help meet their needs.”

Recommended

JAMES WATSON, SALES AND MARKETING DIRECTOR, PAYMENTSHIELD

Policies need to offer choice and flexibility

Research by insurance broker Drewberry Personal indicates that over half of mortgage borrowers taking out mortgage payment protection insurance fail to insure any more than their basic monthly repayment level, which is leaving thousands significantly under-protected. Although with most MPPI plans it is possible to add additional cover for non-mortgage-related costs such as utility bills, […]

jonathan_cornell_143x175.gif

Marketwatch

Swaps fell pretty sharply for the second week in a row to a new all-time low. Hopefully these drops will be passed on. When you look at some of the swap rates and compare them with lenders’ fixed rate offerings there seems to be a pretty big difference. But of course lenders have other costs […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

Newsletter

News and expert analysis straight to your inbox

Sign up