The new fixed rates are as follows:
2-year fixed rates:
3.99 per cent with a £995 fee for 60 per cent LTV
4.29 per cent with a £995 fee for 75 per cent LTV
3.99 per cent with a £1,995 fee for 75 per cent LTV
3-year fixed rates:
4.39 per cent with a £995 fee for 60 per cent LTV
4.69 per cent with a £995 fee for 75 per cent LTV
5-year fixed rates (remortgage options shown):
4.99 per cent with a £995 fee for 75 per cent LTV
Abbey is also reducing its 2-year trackers from Wednesday. The rates are as follows:
3.69 per cent with a £1,995 fee for 60 per cent LTV
3.89 per cent with a £995 fee for 60 per cent LTV
4.04 per cent with a £1,499 fee at 75 per cent LTV
Nici Audhlam-Gardiner, Abbey Mortgage Director commented: “In 2009, Abbey remains open for business. We have launched market-leading fixed rate products at 2, 3 and 5 years, allowing people to fix in at a low rate to guarantee certainty of their monthly payments, and we have also reduced trackers across our entire range.”
For more information log on to www.abbeyforintermediaries.com .