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Abbey cuts fixed rate mortgages

by admin1
July 5, 2013
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The move puts Abbey at the top of the best buy tables across all two, three and five year fixed rate deals at 75 per cent LTV and below.
 
Two and three-year 60 per cent LTV deals are now 5.49 per cent with a £499 fee
 
Two-year fixed rate deals at 75 per cent LTV now start from 5.54 per cent with a £995 fee
 
Three-year fixed rate deals at 75 per cent LTV now start from 5.54 per cent with a £995 fee
 
Five-year fixed rate deals at 75 per cent LTV now start from 5.54 per cent with a £995 fee
 
A new five-year fix at 60 per cent LTV has been added to the range – 5.49 per cent with £499 fee
 
In addition, Abbey is holding its tracker rates, and has increased the maximum loan size on our two-year tracker and fixed deals at 60 per cent LTV to £550,000.
 
Nici Audhlam Gardiner, director of Abbey Mortgages, commented: "Despite the challenging market conditions our mortgage business has gone from strength to strength as our results showed earlier in the week."
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