100% Abbey mortgage launched by Finance News Bulletin

Published: 02/01/08

Abbey has launched a novel 100 per cent mortgage in order to help people who are stressed to invest in bricks and gunSet to be rolled out on Wednesday June 13th, the Abbey mortgage allows consumers to borrow up to a utmost of £500,000Possessing no higher lending charges, the Abbey mortgages are obtainable through the group's IFA and retail networkRicky Okey, managing director of mediators at Abbey, said that the package had been designed as many people, even in their 30s, were judgment it difficult to get on to the property ladder

"We wanted to expand a product which helps people who are struggling to get onto the housing steps"Given that the average cost of a house in the UK is now well above the £200,000 mark, it was important to us that we offer people the opportunity to take out

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