View more on these topics

Abbey For Intermediaries – HomeBuyer Plus Two-Year Fixed

Abbey For Intermediaries – HomeBuyer Plus Two-Year Fixed

Type: Fixed-rate mortgage

Fixed term: Until January 2, 2012

Fixed rate: 5.79%

Minimum loan: £6,000

Maximum loan: Up to 80% of valuation subject to a maximum of £250,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% allowed without penalty subject to a £500 minimum, free valuation on properties valued up to £2.5m, free legal fees, available only for properties in England and Wales

Arrangement fee: £995

Redemption fee: 2% of amount repaid in the first two years, plus repayment of up to £400 for legal work if mortgage is repaid on or before October 2, 2011

Introducer’s fee: Refer to lender



Brown fails to bail out sinking ship

Gordon Brown has suffered a torrid year. His popularity has slumped in spite of saving the world at least three times in various G20 summit meetings. Having taken decisive action in pouring billions into the banking system at the height of the financial crisis, New Labour finds itself presiding over the worst recession in generations and the ruination of the public finances.

Shah succeeds in up and down markets

Standard & Poor’s Fund Services yesterday said only one manager in the UK Growth sector was able to achieve first quartile performance in both 2008 and 2009.


News and expert analysis straight to your inbox

Sign up


    Leave a comment