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The range, which includes fee-free trackers and fixed-rate deals and an offset mortgage, offers both remortgage and purchase products with added benefits such as a free survey, help with legal fees and a free valuation.
The lower rates are available through both Abbey and Alliance & Leicester branches and on the telephone are as follows:
Fixed:
3.89 per cent, 2-year fix , 75 per cent LTV for purchase and remortgage
4.99 per cent, 4-year fix, 75 per cent LTV for purchase and remortgage
5.99 per cent, 3-year fix , 90 per cent LTV for purchase only
Trackers:
2.99 per cent, 3-year, 75 per cent LTV for purchase and remortgage
Offset:
3.25 per cent plus, 75 per cent LTV for purchase and remortgage and a £995 fee
Nici Audhlam-Gardiner, director of mortgages at Abbey said: "This is great news for our existing current account customers, whether they’re looking to remortgage or purchase a new home, they can now take advantage of more affordable offers. We’ve already seen a lot of interests for these deals – around 25 per cent of our sales in the branches are to existing current account customers who are taking advantage of these great offers."
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