Abbey to launch 60% LTV range

The new range of mortgage will be launched on Monday 1 September and will reduce rates on some 70% LTV deals on the same day. Abbey's new range of 60% LTV loans will charge a fee of £499 and can lend up to £250,000. Products in the series include a two-year tracker for 5.94%, two-year fixed rates from 5.79%, and a three-year fixed rate at 5.84%. Abbey will also cut rates on its two and three-year fixed rate 70% LTV deals by up to 0.2%. The two-year deal has been reduced from 5.89% to 5.69%, while the three-year option has been cut from 5.79% to 5.69%. If you would like to comment on th...