The changes are as follows:
Two-year fixed rate:
ï® Rate reduced by 0.14% on two-year fix at 75% LTV for remortgagers, now 3.55% with a 1% fee
ï® Rate reduced by 0.13% on two-year fix at 75% LTV for remortgagers, now 3.64% with £995 fee
ï® Rate reduced by 0.10% on two-year fix at 70% LTV for remortgagers, now 3.28% with £995 fee
ï® Rate reduced by 0.10% on two-year fix at 70% LTV for homebuyers, now 3.35% with 0.50% fee
ï® Rate reduced by 0.10% on two-year fix at 70% LTV for remortgagers, now 3.45% with 0.50% fee
ï® Rate reduced by 0.10% on two-year fix at 75% LTV for remortgagers, now 4.05% with £99 fee
ï® Rate reduced by 0.04% on two-year fix at 70% LTV for homebuyers, now 3.05% with £995 fee
Three-year fixed rate:
ï® Rate reduced by 0.12% on three-year fix at 70% LTV for remortgagers, now a market leading 3.87% with £995 fee
ï® Rate reduced by 0.10% on three-year fix at 75% LTV for homebuyers, now 4.17% with £995 fee
ï® Rate reduced by 0.10% on three-year fix at 75% LTV for remortgagers, now a market leading 4.19% with £995 fee
Five-year fixed rate:
ï® Rate reduced by 0.20% on five-year fix at 70% LTV for remortgagers, now a market leading 4.49% with £995 fee
ï® Rate reduced by 0.20% on five-year fix at 75% LTV for remortgagers, now a market leading 4.79% with £995 fee
Two-year tracker:
ï® Rate reduced by 0.10% on two-year tracker at 70% LTV for remortgagers, now 2.69% with £995 fee
ï® Rate reduced by 0.10% on two-year tracker at 70% LTV for remortgagers, now 2.89% with 0.50% fee
ï® Rate reduced by 0.10% on two-year tracker at 70% LTV for remortgagers, now 2.59% with £1,495 fee
ï® Rate reduced by 0.07% on two-year tracker at 70% LTV for homebuyers, now 2.58% with £995 fee
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.
The lender has also launched a new five-year fix at 75% for Loyal Movers, with a highly competitive rate of 4.59% and a £995 fee.
Alan Mathewson, managing director of Abbey for Intermediaries, said: “We are pleased to be able to support both intermediaries and their clients with our latest rate cuts. We are committed to offering a range of highly competitive mortgages to meet the needs of both homebuyers and remortgagers, whether they are looking for the security of a great fixed rate deal or the flexibility of a tracker.”
