Abbey launch super low 1.99% fix available up to £1 million
Abbey for Intermediaries has launched an improved 1.99% two and a half year fixed rate. It is available through a selection of key account mortgage brokers. The mortgage has a £1,495 arrangement fee and borrowers will need a 40% deposit to access this deal.
The maximum loan size is £1 million and the mortgage will be withdrawn on Thursday 14th March. Aaron Strutt, a broker at Trinity Financial, says: “Sub 2% rates offer incredible value for money and it is unusual for a lender to offer a two and a half year fix. “There are some fantastically competitive two year rates available to borrowers with a 40% deposit. That said, mortgages are not a huge amount more expensive for those with a 25% deposit.â€
March 8, 2013