Abbey for intermediaries to bring back exclusives

The new exclusives will be offered to limited number of commercial partners in the first instance. The products all have a maximum 50% LTV and range between 5.76 per cent and 5.81 per cent.

Adrian Whittikar, key accounts director, Abbey for Intermediaries, said: "We made a commitment to intermediaries that we would return with our exclusives range when market conditions allowed. We are now making good on that promise.

"We are calling this a 'soft launch' as we are still not yet in a position where we can handle a massive influx of business that would be generated if we released a full exclusive range.

"More exclusives will become available in time, however reintroducing these products will be a long process and will be largely driven by market conditions.

"This latest move sends out a clear message to all who work with us that not only are we still in the market to lend, but our dedication to the intermediary market remains a key part of our business goal."