The range includes new fixed and tracker mortgages, along with rate reductions of up to 0.37%.
The changes include:
ï® Rate reduced by 0.37% to 4.38% with £995 fee on two year fixed rate at 80% LTV with remortgage solution
ï® Rate reduced by 0.32% to 4.38% with £995 fee on two year fixed rate at 80% LTV with homebuyer solution
ï® Rate reduced by 0.15% on two year tracker at 85% LTV to 4.59% with £495 fee for homebuyers
ï® New fee free three year tracker launched at 70% LTV with a rate of 3.09% for remortgage customers
ï® New two year tracker at 3.49%, 80% LTV with a £995 fee
ï® Two year tracker at 90% LTV, 5.79% with £199 upfront fee now comes with the Homebuyer Solution
All of the above products come with either the Homebuyer or Remortgage Solution respectively. The Homebuyer Solution offers borrowers the added benefits of a free basic mortgage valuation and £250 cashback on completion, while the Remortgage Solution offers a free basic mortgage valuation, and either free legals or £250 cashback on completion.
Commenting, Alan Mathewson, managing director of Abbey for Intermediaries, said: “We are dedicated to the intermediary market and continually look at ways to improve our offering, so we’re pleased to be able to reduce rates by up to 0.37% and introduce our Homebuyer Solution package for higher LTVs. As we work towards becoming the intermediary lender of choice, we will continue to support intermediaries and their clients with great products and service.”
