Highlights include:
Two-year fixed rate at 4.49 per cent (previously 4.64 per cent)
No early repayment charge
Lal Tawney, Abbey's head of mortgage marketing said: "Our new two year tracker offers a very competitive rate, plus the added bonus of no early repayment charge. This offers the customer the ultimate in flexibility: a low repayment rate and the freedom to remortgage at any time with no penalty should they see a better deal.”
Abbey’s two-year fixed rate mortgage is available from 1 August 2005:
Fixed rate deals
Term - 2 years
Maximum LTV - 75 per cent
Rate - 4.49 per cent
Fee - £5991
Fee can be added to loan
All other fixed rate mortgages remain the same
Also still available are Abbey’s competitive tracker, flexible, cashback, capped rate mortgages.
