Abbey for Intermediaries is reducing its rates on both fixed and tracker products.
From tomorrow, the lender will reduce its rate by 0.06% on its two-year fixed mortgage at 75% loan to value (LTV) ratio for homebuyers to 3.57% with a £995 fee.
The rate on Abbey's two-year fixed mortgage at 75% LTV for homebuyers has also been reduced by 0.06% to 3.47% with a fee of £1,495.
For three-year fixed mortgages at 70% LTV for homebuyers and remortgagers, the rate has been reduced by 0.03% to 3.85% with a fee of £995.
The homebuyer solution offers borrowers a free basic mortgage valuation and £250 cash back on completion, while the remortgage solution offers a free basic mortgage valuation, and either free legals or £250 cash back on completion.
Alan Mathewson, managing director of Abbey for Intermediaries, says: "These cuts support our ongoing commitment to offering a wide range of highly competitive fixed rate mortgages for both homebuyers and remortgagers alike, for borrowers looking for the peace of mind provided by a fixed rate."
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