Abbey enhances remortgage service

Clients who take its 'Remortgage Solution' package as part of their mortgage will have their survey instructed on the same day Abbey receives a full mortgage application online, which will reduce the time taken to issue mortgage offers.

Abbey's Remortgage Solution offers a free valuation up to a property value of £2.5 million and standard legal fees paid.

Ricky Okey, managing director of Abbey for Intermediaries, said: "We realise that time is of the essence for many remortgage borrowers so we have taken steps to streamline the remortgage process and make it easier for people to switch their mortgage to Abbey. We now instruct the survey on the same day that an application is received to cut down the time to mortgage offer."

Remortgage Solution is available on Abbey's tracker, fixed and flexible plus mortgages.