View more on these topics

TMA launches Abbey semi-exclusive

The Mortgage Alliance has launched a two-year semi-exclusive tracker mortgage funded by Abbey for Intermediaries.

The product has an initial pay rate of 5.99 per cent and then reverts to a tracker at 0.99 per cent above base rate.

It is available for remortgage customers only with a loan-to-value of up to 60 per cent and a maximum loan size of £550,000.

The product comes with free valuation up to a property value of £2.5m and standard legal fees are paid with no higher lending charges.

The two-year tracker deal has a £499 fee, of which £150 must be paid upfront and the remainder can be added to the loan..

TMA head Phil Whitehouse says: “t remains a tough market out there and at TMA we are working hard on behalf of our members to continue adding value and widening distribution channels.’’

Recommended

2016 Global Survey of Individual Investors: How is investor behaviour rewriting the job description for financial professionals?

Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]

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