Abbey is in the Top 10 of UK banks and is one of the Top 3 UK mortgage providers. In 1989 it was the first UK building society to be floated on the London Stock Exchange. In 2004 it became part of Santander Group, one of the biggest worldwide banking companies.
Abbey is one of the few mortgage lenders still going strong during the credit crunch. With such firm backing from Santander, it has increased its market share by continuing to offer attractive rates in difficult times. It remains one of Britain's most cost-efficient lenders.
Use the enquiry form on the right to get expert advice on Abbey mortgages, and others for a market-wide comparison.
Abbey Mortgages
Abbey offers a large variety of mortgages, particularly fixed-rate offers which are from 5.84% (3 years) or 5.93% (5 years) depending on conditions such as the amount you can offer as deposit and even the sales channel you use. Its arrangement fees for these deals are between £675 and £999.
There is also a "Flexible Plus - Tracker" mortgage, which follows movements in the bank base rate for the whole life of the loan. The starting interest is 6.43%. It also comes with a savings component, allowing you to offset your savings against the mortgage money, reducing the interest charged and helping you to pay your mortgage off early.
Abbey was one of the last lenders to offer a 100% mortgage, but its highest loan-to-value rate has now been reduced to 95%. Rates at this level start from 6.59% on a 5-year fixed deal.
Abbey Remortgages
Abbey also offers 72 different remortgage deals. The pick of the bunch might be the 5-year fixed-rate remortgage at 5.61%, with a £999 fee. Arrangement fees vary widely between all the different Abbey remortgages, as do qualifying criteria. An impartial adviser will be able to help you choose the right remortgage from the Abbey range.
Choosing an Abbey Mortgage
To properly compare Abbey against other leading lenders in the current mortgage market, we recommend you speak to an adviser.
Their job is to simplify your search and find you the very best deal from the whole UK mortgage market.
By filling in the enquiry form you will get a free call back from an adviser who can explain the costs of the different mortgages and offer you comparisons with other lenders who might have even better deals.
Fill in the secure, 1-minute enquiry form for a free, no-obligation call back with unbiased advice.