View more on these topics

Abbey for Intermediaries – Five-Year Fixed Rate – Remortgage

Abbey for Intermediaries – Five-Year Fixed Rate – Remortgage

Type: Fixed-rate mortgage

Fixed term: Until August 2, 2017

Fixed rate: 4.09%

Minimum loan: £6,000

Maximum loan: Up to 60% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

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

Arrangement fee: £995

Redemption fee: 5% of the mortgage balance in the first five years plus repayment of £200 towards cost of legal fees if mortgage is repaid on or before July 2, 2014

Introducer’s fee: Refer to lender



Barrage of criticism over plan details

The Financial Services Consumer Panel and the Financial Services Practitioner Panel have hit out at the Money Advice Service’s business plan, claiming it lacks detail and has ambitious targets and unclear accountability measures. MAS published its 2012/13 business plan in March. It says 19 million people could use a money advice service “such as ours”. […]

Broadstone and SEI in platform tie-up

IFA firm Broadstone Pensions and Investments has chosen SEI to power its platform offering which has gone live this week. The firms say the deal will enable Broadstone to manage its advisory and discretionary clients through the underlying SEI technology. Broadstone was rebranded from BDO Investment Management in May last year having been acquired by […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm