Commenting, Alan Mathewson, managing director of Abbey for Intermediaries, said: “Our latest rate cuts provide even greater choice to customers looking for the security of a fixed rate mortgage. We are also pleased to be able to extend our tracker range to support intermediaries, with the launch of two highly competitive new products.”
It has cut the rates on the following products:
- Rate reduced by 0.30% on five-year fix at 70% LTV for remortgagers, now 4.69% with a £995 fee
- Rate reduced by 0.20% on five-year fix at 75% LTV for homebuyers, now 4.79% with a £995 fee
- Rate reduced by 0.16% on four-year fix at 70% LTV for homebuyers, now 4.29% with a £995 fee
- Rate reduced by 0.16% on four-year fix at 75% LTV for homebuyers, now 4.59% with a £995 fee
- Rate reduced by 0.16% on four-year fix at 75% LTV for Loyal Movers, now 4.59% with a £495 fee
- Rate reduced by 0.10% on two-year fix at 70% LTV for homebuyers, now 3.09% with a £995 fee
- Rate reduced by 0.10% on two-year fix at 70% LTV for Loyal Movers, now 2.99% with a £495 fee
- Rate reduced by 0.08% on three-year fix at 75% LTV for homebuyers, now 4.27% with a £995 fee
- Five-year fix at 4.99% with a £995 fee, available to remortgagers up to 75% LTV
- Three-year tracker at 2.99%, available to homebuyers up to 75% LTV with a 1% fee
- Three-year tracker at 3.19%, available to remortgagers up to 75% LTV with a 1% fee
