Abbey introduce fixed rate mortgage at 5.19 percent

07/03/2007

Abbey has introduced a new fixed rate mortgage which has a fixed rate of 5.19 per cent over 2 years

Abbey are aiming for those who want to get onto the property ladder. More advantages follow with this deal. The arrangement fee is £999 and this mortgage deal has a maximum LTV of nearly 90 per cent. Finally there is no overhang in this mortgage deal.

Director at Mortgage Intelligence, Sally Laker stated that:

"This is an extremely attractive rate from one of the giants of the high street and we are sure our members will want to grab it whilst stocks last.

"We are delighted to be able to offer this exciting Abbey product to Mortgage Intelligence members on a semi-exclusive basis.

"However, it is strictly time limited and members need to be quick to take advantage."

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