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Abbey For Intermediaries/Santander – 2-Year Tracker

Abbey For Intermediaries/Santander – 2-Year Tracker

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 2.09% above the Bank of England base rate

Payable rate: 2.59%

Minimum loan: £6,000

Maximum loan: Up to 70% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the tracker period subject to a £500 minimum

Arrangement fee: £995 booking fee

Redemption fee: 2% of the mortgage balance in the first two years

Introducer’s fee: Refer to lender

Contact: www.abbeyfor intermediaries.com

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