Abbey Mortgages have announced that they are set to join the 100 % mortgage market this week, available as tracker or fixed rate deals.
The mortgage, which does not demand a deposit, has a maximum loan to value of £500,000. Options for the deal range from a 2 year tracker mortgage at a rate of 6.29 per cent with a £495 fee, to 2 year fixed rate deals at either 6.35 per cent with a £995 fee, or 6.99 per cent with no fee.
3 and 5 year fixed rate mortgages are also on offer, both with fees of £495.