Abbey has announced it will cut rates on two-year and three-year fixes from Monday.
The lender has also confirmed it will keep its five-year, flexible and tracker deals at the same rate. Two-year and three-year fixed rates will be cut by up to 0.15%, and it will also launch a new three-year deal. The two-year fixed range now starts at 6.24%, while three-year fixes are available for 75% LTV at a rate of 6.29%. A new three-year fix will offer a rate of 5.99% with an arrangement fee of £1,695 and a maximum LTV of 70% up to £250,000. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAonline
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