£1 million mortgages available through Abbey

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Abbey for Intermediaries has lowered the price of their million pound mortgages. The bank is keen to attract more wealthy clients and to tempt them away from their competitors.

Some rates are now 1% lower than they were last week. The Spanish bank has announced that they will launch a flexible offset mortgage that tracks the Bank of England base rate for the  life of the loan. The pay rate is 2.95% and the arrangement fee is £995.

You will require a 25% deposit. For large loans Trinity Financial has access to a specialist mortgage team at Abbey. They will look to produce mortgage offers within five workings days from the time you are approved by the bank.

September 8, 2011

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