Abbey launches New Build mortgages

Available for loans up to £1m, with no booking or arrangement fees to pay and no completion deadlines, the new three year variable tracker mortgages for new build properties are ideal for customers who want the reassurance of reduced payments in the early years.

Jan Errington, Group Marketing Manager at Abbey for Intermediaries, said: “These new mortgages have been specially tailored to meet the needs of people buying a new build home. In addition to reduced payments over the first three years helping to make purchases more affordable, homebuyers benefit from no completion deadlines and can also take advantage of the cash back and free valuation offers available on some of the products in our new build range.”