Abbey for Intermediaries has launched a selection of fixed rate mortgages and they are some of the most competitively priced rates in the market. They also have a limited availability and Trinity Financial has secured access to them.
It has been a very busy week as more banks and building societies have made their rates more attractive. Northern Rock, RBS, NatWest and the Coventry Building Society have all lowered their mortgage rates.
Abbey's new three-year fix is as low as 2.99% and their leading five-year fix is 3.49%. Both mortgages have a £1,495 arrangement fee and the bank requires a 40% deposit to access the rates.
Abbey also offer one of the lowest two-year fixed rates at 3.29% if you have a 30% deposit and it has a £995 arrangement fee.
Aaron Strutt, a broker at Trinity Financial, says: “The three year fixed rate is particularly attractive because it is cheaper than many of the two-year rates.
"These mortgages also have some good incentives with them. If you are buying a home Abbey will provide a free property valuation and £250 cash back. The maximum loan size on these mortgages is £1 million.â€
July 20, 2012
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