Download our latest rates
Affordability Calculator Repayment Calculator
Homebuyer Plus mortgages
To benefit from this product, your customer must be buying in the UK and use an Abbey appointed law firm.
Our Homebuyer Plus Mortgage offers your customers a free valuation for mortgage purposes and standard legal fees paid for the purchase of their new home.
If your customer is buying their house in Scotland and they need urgent assistance to submit their offer, please call the appointed conveyancer direct on 0844 576 7811.
If your customer wants to use our conveyancer for the sale of their own property this can be arranged at an additional cost. Your customer will have to pay these costs direct to our conveyancer.
Please ensure the following documents are explained and given to your customer before they commit to this product.
On Introducer Internet, select only HP products, use Premier Homebuyer solution as the benefit package, enter £0 as the valuation fee and solicitor code as Abbey, so that your customer benefits from this package.
This table shows our new Homebuyer Plus Mortgage rates. The benefit charge end date for the Homebuyer Plus solution is 2nd September 2012.
Minimum loan £6,000
2 year variable rate Tracker
| Maximum Loan to Value | HLC | Initial Rate | Differential to BBR | APR | Booking fee | Completion deadline | Maximum loan size | Early Repayment Charge | Payable if you repay on or before | Product Code | Benefit package |
|---|
| 70% | No | 2.85% | 2.35% | 4.1% | £495 | NONE | £1m | 2% + benefit | 2nd Anniversary | HP150 | Homebuyer Plus Solution |
2 year Fixed rate
| Maximum Loan to Value | HLC | Initial Rate | Differential to BBR | APR | Booking fee | Completion deadline | Maximum loan size | Early Repayment Charge | Payable if you repay on or before | Product Code | Benefit package |
|---|
| 70% | No | 3.39% | n/a | 4.3% | £995 | 31 January 2011 | £1m | 3% + benefit | 2 October 2012 | HP151 | Homebuyer Plus Solution |
| 80% | No | 4.95% | n/a | 4.6% | £995 | 31 January 2011 | £550k | 3% + benefit | 2 October 2012 | HP152 | Homebuyer Plus Solution |
3 year Fixed rate
| Maximum Loan to Value | HLC | Initial Rate | Differential to BBR | APR | Booking fee | Completion deadline | Maximum loan size | Early Repayment Charge | Payable if you repay on or before | Product Code | Benefit package |
|---|
| 85% | No | 5.69% | n/a | 4.8% | £995 | 31 January 2011 | £550k | 3% + benefit | 2 October 2013 | HP153 | Homebuyer Plus Solution |