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Abbey For Intermediaries – Fee-Free Two-Year Tracker

Abbey For Intermediaries – Fee-Free Two-Year Tracker

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 2.79% above the Bank of England base rate

Payable rate: 3.29%

Minimum loan: £6,000

Maximum loan: Up to 75% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10%  a year allowed without penalty in the tracker period, free valuation, £250 cashback towards legal fees

Arrangement fee: None

Redemption fee: 2% of the amount repaid in the first two years plus repayment of  £250 cashback if mortgage repaid on or before November 2, 2012

Introducer’s fee: Refer to lender



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