X
X
Where did you hear about us?
The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

Abbey pulls the broker plug

Abbey has withdrawn its buy-to-let mortgage range through brokers, and it is now only available directly through the lender.

Abbey is still offering buy-to-let customers a two-year fixed rate mortgage and a two-year tracker mortgage, but it has withdrawn all other buy-to-let mortgage deals until further notice.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.

If you want to read more news subscribe

subscribe