The Abbey National Building Society was formed following the merger of the Abbey Road Building Society and the National Building Society in 1944. Since 2004, Abbey has been part of the Santander Group, the seventh largest bank in the world by profit.
Abbey itself is the sixth biggest bank and one of the largest providers of mortgages and savings in the UK. There are 705 Abbey branches in the UK network as well as 2,500 ATMs.
Abbey’s loans are great if you want to pay back a fixed amount every month and are prepared to pay by direct debit. Once you know how much you can afford you can arrange to spread your repayments over 12 to 96 months in six-monthly intervals. There are no set-up fees but the loan must be taken out within one month of application.
For every ‘Green loan’ that is taken out, Abbey promise to plant five trees in the UK with Tree Appeal.
