Abbey Deals For First-Time Buyers

Abbey has launched 2 new mortgage deals aimed at first-time buyers. The mortgages have a maximum loan-to-value of 97%, and here are the other details:

  1. Tracker: two year tracker with rates from 4.74%, £499 fee.
  2. Fixed-rate: over 5 years, fixed at 5.34% with a £399 fee.

Both deals have an option for having a free valuation and £250 cashback, although if you decide to take these the interest rates will go up, to 4.99% on the tracker and 5.44% on the fixed-rate mortgage.

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