New regulations see Abbey shake up its mortgage range

25 October 2004
Abbey has shaken up its mortgage range ahead of new regulations coming into force.

Three mortgages in the bank's range have been suspended to allow them to fit in with a new ruling about making mortgages easier to understand.

From October 31st, the day that the Financial Services Authority takes control of the mortgage industry, mortgages need to have a Key Facts Illustration on them or they cannot be sold.

Abbey has withdrawn its Flexible Plus Tracker, Deal for Life and Reward mortgages while their literature is updated.
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