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Abbey For Intermediaries – Two Year Tracker

Abbey For Intermediaries

Two Year Tracker

Type: Tracker mortgage

Tracker rate: 2.79% above Bank of England Base Rate

Tracker term: Two years

Payable rate: 3.29%

Minimum loan: £6,000

Maximum loan: Up to 75% of valuation subject to a maximum of £350,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free valuation on properties valued up to £2.5m, free standard legal fees or £250 cashback

Arrangement fee: £995

Redemption fee: 2% of mortgage balance and plus repayment of £250 cashback or £200 towards cost of legal fees if mortgage repaid by May 2, 1011

Introducer’s fee: Refer to lender

Contact: www.abbeyforintermediaries.co.uk

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