Abbey has withdrawn its buy-to-let mortgage range through brokers, and it is now only available directly through the lender.
Abbey is still offering buy-to-let customers a two-year fixed rate mortgage and a two-year tracker mortgage, but it has withdrawn all other buy-to-let mortgage deals until further notice.
A new range of Abbey mortgages has been launched which include no legal fees, booking fees, or valuation fees – the new deals on offer include a two and five-year fixed rate and a two-year tracker mortgage.
Like all other lenders, Abbey has ceased to offer 100% mortgages, and a deposit of at least 5-10% is now required for all of its mortgages, except buy-to-let which requires at least 15% as a deposit. Customers with 20% or more as deposits are rewarded by the bank with competitive interest rates.