Mortgages with no upfront costs from Abbey

Abbey has launched a range of new Homebuyer Plus mortgages which don’t have upfront costs helping customers to save as much as £1,650.

The new Homebuyer Plus mortgages are available via mortgage intermediaries as include

• 2 year tracker mortgage at 75% LTV – 3.29%
• 2 year fixed rate mortgage at 70% LTV – 3.99%
• 2 year fixed rate mortgage at 80% LTV – 5.79%
• 3 year fixed rate mortgage at 85% LTV – 5.99%

Whilst mortgage products have a £995 booking, customers taking advantage of the Homebuyer Plus mortgages will not have to pay for a valuation or their legal costs as they purchase their new home – saving as much as £1,650.

Nici Audhlam-Gardiner, Abbey Mortgages Director said ‘We remain committed to helping first-time buyers get a foot onto the property ladder and the new Homebuyer Plus range of mortgages is yet another example of this.

We have combined very competitive rates with a massive saving in upfront fees and various options for fixed or tracker rates to give first time buyers the options they need.’

Abbey is also introducing fee-free 75% LTV 4 year fixed mortgages for both house purchase and remortgages.

The rates on its 5 year fixed mortgages with 75% LTV are also being reduced.

More information can be found on the Abbey website.