Rat and Mouse
Fri
04
Sep
Abbey responds to Stamp Duty deadline

The £125,000 to £175,000 sector's Stamp Duty holiday ends on December 31, but Abbey points out that means an effective end date of September 30 (it takes an average of three months for a deal to go through).

Abbey will be releasing two new mortgages in September targeting first time buyers hoping to avoid the 1 per cent stamp duty. The products being launched are a 3.99 per cent 75 per cent LTV and a 5.75 per cent 85 per cent LTV, both fixed with a £495 fee.

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