Abbey For Intermediaries - Two-Year Tracker
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Abbey For Intermediaries - Two-Year Tracker
Type: Tracker mortgage
Tracker term: Two years
Tracker rate: 3.44% above the Bank of England base rate
Payable rate: 3.94%
Minimum loan: £6,000
Maximum loan: Up to 80% of valuation subject to a maximum of £550,000
Income multiples: Based on affordability
Conditions: Available for purchase only, capital repayments up to 10% a year allowed without penalty subject to £500 minimum, free valuation on properties valued up to £2.5m, £250 cashback or free standard legal work
Arrangement fee: £995
Redemption fee: 2% of the amount repaid in the first two years, plus repayment of £250 cashback or up to £400 for legal work if mortgage repaid on or before March 2, 2012
Introducer’s fee: Refer to lender
Contact: www. abbeyforintermediaries.com
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