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Abbey For Intermediaries/Santander – 2-Year 2.99% Fixed Intermediary Special

Abbey For Intermediaries/Santander – 2-Year 2.99% Fixed Intermediary Special

Type: Fixed-rate mortgage

Fixed term: Until November 2, 2012

Fixed rate: 2.99%

Minimum loan: £6,000

Maximum loan: Up to 60% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year subject to a £500 minimum allowed without penalty in the fixed-rate period, free valuation up to £1,190, £250 cashback

Arrangement fee: £995 plus £225 mortgage account fee

Redemption fee: 3% of the mortgage balance in the first two years plus repayment of £250 cashback if mortgage is redeemed on or before October 2, 2012

Introducer’s fee: Refer to lender

Contact: www.abbeyforintermediaries.com

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