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Abbey For Intermediaries – 3-Year Fixed Rate – First-Time Buyer

Abbey For Intermediaries – 3-Year Fixed Rate – First-Time Buyer

Type: Fixed-rate mortgage

Fixed term: Two years

Fixed rate: 4.99%

Minimum loan: £6,000

Maximum loan: Up to 85% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% allowed without penalty in the fixed-rate period subject to a £500 minimum, free valuation, £250 cashback

Arrangement fee: pro£99

Redemption fee: 3% of the mortgage balance in the first two years, plus repayment of £250 cashback if mortgage repaid on or before June 2, 2014

Introducer’s fee: Refer to lender

Contact: www.abbeyforintermediaries.com

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