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Abbey to launch new first-time buyer deals

Abbey for Intermediaries is launching two new first-time buyer mortgages on Friday.

It is offering a two-year fixed rate up to 90 per cent LTV at 5.99 per cent with an upfront £99 fee.

As well as a three-year fixed rate up to 85 per cent LTV at 4.99 per cent with a £99 fee.

It is also amending the rates on selected two-year and three-year fixed rate products at 60 per cent and 75 per cent LTV, as well as its five-year fixed rate products at 85 per cent and 90 per cent LTV and selected two-year tracker products at 75 per cent LTV.

At the same time it is withdrawing its three-year fixed rate remortgage product at 85 per cent LTV.



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