Abbey relaunches mortgage range

Highlights include:

- 6 month Flexible Plus fixed rate reduced by 0.10% (now 4.29%)

- 3 and 5 year fixed rates increased by 0.10%

- New 2 year fixed rate launched at 4.74% with no booking fee

- New 2 year tracker at 75% LTV launched with no early repayment charge to complement existing 2 year fixed rate with no early repayment charge

Abbey’s new mortgage deals are available from 20 July 2005:

Fixed rate deals

Term Maximum LTV Rate Fee

2 years 75% 4.64% £3991

2 years 75% 4.74% NO FEE

2 years 75% 4.54% £399

2 years 95% 4.64% £2992

5 years 75% 4.74% £399

5 years 95% 4.84% £399

For people who want a fixed rate and help with valuation and legal fees the following deals are available:

Term Maximum LTV Rate Fee

2 years 75% 4.59% £399 (can be added to loan)

2 years 95% 4.89% £399 (can be added to loan)

5 years 75% 4.84% £399

5 years 95% 4.94% £399

Stepped Fixed Rate deals

Term Maximum LTV Rate Fee

Yr1 Yr2 Yr3

3 years 95% 3.69% 4.69% 5.69% £499 (can be added to loan)

Flexible Plus mortgage fixed rate

Term Maximum LTV Rate Fee

6 months 90% 4.29% £499

Variable Rate Tracker deals

Term Maximum LTV Rate Fee

2 years 75% 4.59% £499 (can be added to loan)

2 years 75% 4.79% £4991(can be added to loan)

2 years 95% 4.79% £3992(can be added to loan)

- Variable rate tracker deals are also available for people who want help towards valuation and legal fees.

- Also still available are Abbey’s cashback, capped rate mortgages

- The LTV for the 2 year fixed rate at 4.64% has been increased from 60% to 75%

- The LTV for the 2 year tracker at 4.59% has been increased from 60% to 75%