Abbey: 100% Mortgages Imminent
Having announced last month that it would be targeting the first-time buyer market, Abbey has added that it’s venture into 100% mortgages will happen “very, very soon”.
Stephen Best, key relationships manager at Abbey, stated: “It has been widely trialled, and we will be producing a product for more than 100% very very soon.”
First Time Buyers will soon be able to take advantage of Abbey’s 100% Loan-To-Value mortgage, but the firm refused to discuss the possibilities that it would produce mortgages for over 100%.
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