Abbey launches new £2m broker-only deals

Abbey for Intermediaries is launching two new larger loan products up to £2m, available exclusively to the intermediary market.

They are a two-year fix at 3.24% with a 0.40% fee and a two-year tracker at 2.85% , base rate plus 2.25%, with a 0.40% fee.

The products are available up to 70% LTV with a loan size of £1m to £2m, and both homebuyers and remortgagers can take advantage.

Alan Mathewson, managing director of Abbey for Intermediaries, says: “We are pleased to be able to support the intermediary market with the launch of these highly competitive larger loan products, available exclusively to the intermediary market.

“We expect these new deals to be very well received by intermediaries whose clients are looking for a larger loan product at a great rate.”