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Abbey to launch 90% fee-free first-time buyer mortgage

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Abbey for Intermediaries is set to launch a fee-free, three-year first-time buyer loan offered at up to 90% Loan to Value.

Available from tomorrow via mortgage intermediaries, the loan will be offered alongside Abbey’s Homebuyer Solution.

The second biggest UK lender also plans to cut a number of its fixed and tracker rates, including the five-year NewBuy loan from tomorrrow.

The lender will make some changes to its charge and benefit end dates and has added a month to its completion deadlines. Product codes will also be replaced on its fixed rates.

Full details will be available from tomorrow.


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