View more on these topics

Santander/Abbey For Intermediaries – 2-Year BBR + 1.99% Tracker Remortgage

Santander – 2-Year BBR + 1.99% Tracker Remortgage

Type: Tracker remortgage

Tracker term: Two years

Tracker rate: 1.99% above the Bank of England base rate

Payable rate: 2.49%

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 fixed rate period subject to a £500 minimum, free valuation up to £1,190, free legal fees, available direct and through intermediaries

Arrangement fee: £995 booking fee £225 mortgage account fee

Redemption fee: 2% of the mortgage balance in the first two years plus £200 towards repayment of legal fees if mortgage repaid on or before June 2, 2013

Introducer’s fee: Refer to lender

Contact: www.abbeyforintermediaries.com

Recommended

Expansion plan sees Towry make £7m loss

Towry made a loss of £7.5m last year after a £16.3 profit in 2009. The company says the loss is due to exceptional costs of £17.7m from the integration of Edward Jones and opening 11 new offices, taking the total number of Towry offices to 21. Towry says taking into account the exceptional profit for […]

Thinktank wants banking probe to widen its reach

A thinktank claims the scope of the Independent Commission on Banking’s interim proposals is too narrow and should consider compulsory liquidity ratios and higher, more sophisticated capital reserve ratios. The commission’s interim report calls for retail banks to be ringfenced within wider banking groups, with banks forced to hold a minimum of 10 per cent […]

Paper cuts

I recently looked at the progress made in the protection market in removing paper from traditional processes. It is fair to say that the protection industry has led the way in such advances but it is easy to overlook the progress made in the investment market. This week, I want to look at a couple […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com