Abbey cuts mortgage range

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Abbey is to make a series of changes to its mortgage range, including the withdrawal of its 100% mortgage it was announced today.

The changes, which affect offset, Premier Homebuyer, fixed rate, tracker and buy-to-let products, will be effective from 10pm on Tuesday 8 April. Fixed rates are to rise by up to 0.37% and trackers have risen 0.35%. The buy-to-let range is to be reduced to a two-year fixed rate and two-year tracker. The Premier Homebuyer range, which offered free legals, has been withdrawn, while 100% mortgage are also to be removed. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAonline

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