Rates on Abbey's fixed range of mortgages will be cut by up to 0.3% today, the lender says, with deals set to start at 3.99%.
The new fixed products include two-year deals at 3.99% with a £995 fee for 60% LTV, 4.29% with a £995 fee for 75% LTV and 3.99% with a £1995 fee for 75% LTV.
Three-year fixed rates are at 4.39% with a £995 fee for 60% LTV and 4.69% with a £995 fee for 75% LTV, while there is also a five-year fixed rate at 4.99% with a £995 fee for 75% LTV.
Abbey is also reducing rates on its two-year trackers from Wednesday. The rates include deals at 3.69% with a £1995 fee for 60% LTV and 4.04% with a £1499 fee at 75% LTV
Nici Audhlam-Gardiner, mortgage director at Abbey, says: "In 2009, Abbey remains open for business. We have launched market-leading fixed rate products at two, three and five years, allowing people to fix in at a low rate to guarantee certainty of their monthly payments, and we have also reduced trackers across our entire range."IFAonline
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation