Abbey raises tracker rates by 0.1%

The bank also says it will make a number of rate cuts to its most popular fixed rate products. All tracker products will see a 0.1% rise in rates from 20 December, which Abbey says is reflective of market movements and necessary to maintain its competitive position. Homebuyer solution two and three-year fixed rates will be cut to 5.89%, while remortgage solution five-year rates will fall to 5.79%. Ten-year fixed rate products will see core range, homebuyer and remortgage rates cut to 5.64%, 5.94% and 5.74% respectively. Abbey’s 15-year core product will be cut to 5.64%. If you wou...