Abbey cuts fixed and tracker rates

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 remain...