Rates now start from the following with a £995 fee:
• 2 year fixes from 5.89% at 70% LTV
• 3 year fixes from 5.79% at 70% LTV (£1,295 fee)
• 2 year fixes from 5.99% at 75% LTV
• 3 year fixes from 5.94% at 75% LTV
In addition, all Abbey's flexible offset mortgages are reducing by 0.2%, so they now start from 6.23% with a £1,499 fee. The flexible mortgage comes with a savings pot to allow borrowers to offset savings against the money owed, reducing the interest charged and helping to pay the mortgage off early.
Three-year tracker products are reducing by 0.1% at 75% LTV, now starting from 5.79%, with a fee of £1,950.
Also, Abbey is reducing the rates on its fixed rate low loan, low fee mortgages, which are available for borrowing up to £150,000, starting from 6.04% for 3 years up to 6.29% with a £549 fee on a five-year fix.