Flexible Mortgage Fees Reduced At Abbey

Published: 6/26/2010

Good news for those seeking a mortgage comes from the Abbey National, where fees on their flexible mortgage products will be GBP1,000 lower than they were at just GBP1,499.

The Abbey National flexible mortgage deals allow customers to offset their savings against their mortgage, pay more than is required and also take holidays from paying for periods of time. The benefits of such mortgages are supreme flexibility and the chance to clear a mortgage in a much shorter time than a regular one, saving many thousands of pounds in the process by paying less interest.

Although the flexible mortgage deals offered by the Abbey are very good ones there are question marks over how many people are actually buying property at the moment, so there may be a bigger market for them with existing homeowners who are coming off a fixed rate deal.