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Abbey For Intermediaries – Three Year Fixed Rate Remortgage

Abbey For Intermediaries – Three Year Fixed Rate Remortgage

Type: Fixed-rate remortgage

Fixed term: Three years

Fixed rate: 4.89%

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 up to 10% a year, subject to £500 minimum, allowed without penalty, free valuation on properties valued up to £2.5m, free standard legal work

Arrangement fee: £995

Redemption fee: 3% of the amount repaid in the first three years, plus repayment of up to £200 for the remortgage legal work if mortgage repaid on or before December 2, 2011

Introducer’s fee: Refer to lender



Richard Romer-Lee

Old Broad Street Research’s research director says the company has come a long way in its 10 years and it is aiming to widen its rating, research and analysis services with an emphasis on adviser business and developing a global fund rating platform Interview by Chris Salih


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