Abbey launches broker-only mortgage range

The deal, which the lender says is the first of its kind to be offered to brokers, is estimated to save customers as much as £1,650 in upfront costs as they will not have to pay for a valuation or their legal costs when buying a home. The new ‘Homebuyer Plus' product range includes a 3.29% two-year tracker at 75% LTV, a 3.99% two-year fixed-rate at 70% LTV, and a 5.99% three-year fixed-rate at 85% LTV. Ricky Okey, AfI managing director, says the product offers consumers a massive saving in upfront fees and brokers the competitive advantage they have been asking for. Dev Malle, gr...