The new range features a two-year fixed deal at 4.94% and a two-year fixed rate deal of 5.04% at 60% LTV with no early redemption charges, aimed at customers who are looking for peace of mind without feeling tied to one lender. Abbey has also introduced a special five-year remortgage solution at 5.24%, which includes a free valuation and legal fees.
Abbey for Intermediaries is also continuing to offer 60% LTV mortgages for customers who want to enjoy lower repayments and can put down a larger deposit. For loans in this bracket, Abbey offers a two-year variable rate tracker from 4.44% (4.74% including remortgage solution), with an arrangement fee of £499.
Ambrose McGinn, Director of Abbey for Intermediaries, said: “We’ve brought our fixed rates right down to help intermediaries whose clients are looking for peace of mind if interest rates rise. The added benefit of having no redemption charge on some of these deals also means customers have true flexibility and choice - it’s the best of both worlds.”
