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The new two-year fixed rate at 3.69 per cent with a £799 fee for purchase and remortgage is available for a maximum LTV of 70 per cent through both Abbey and Alliance & Leicester branches and via the telephone.
Last week, Abbey launched a range of ‘no booking fees’ deals for existing current account customers, saving up to £995. The new deals include a market-leading 90 per cent LTV 3-year fix at 5.99 per cent and a 2-year fix 75 per cent LTV at 3.89 per cent, both with no fees.
Other best-buys in the current range include a 2-year tracker at 2.69 per cent with a 70 per cent LTV and £995 fee and a fee-free 2-year fixed rate at 4.39 per cent with a 75 per cent LTV.
Nici Audhlam-Gardiner, director of mortgages at Abbey said: "We continue to offer our customers compelling deals on both fixed and tracker rates. Throughout 2009, we have remained strong in the mortgage market and achieved an estimated 20.5 per cent gross market share in the third quarter of 2009."