Network Data adds Abbey exclusive

The product has an initial rate of 5.57 per cent until 2 May 2010, available up to 75 per cent loan to value.

There is a booking fee of £999 and ERCs of 3 per cent, but no HLC.

“This exclusive once again re-emphasizes the very strong relationship we have with Abbey and our commitment to reacting quickly to the needs of our customers by continually providing the best possible products and services," said Stewart Rennie, product development manager, Network Data.

Adrian Whittaker, key accounts director at Abbey For Intermediaries, praised the timing of the launch, saying: "There is still a lot of demand for short-term fixed mortgages in the market and we expect to see this offer do very well.

"We remain committed to offering Network Data the best solutions for their customers and look forward to continuing the development of our relationship throughout 2008.”