Abbey cuts mortgage rates

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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 ...

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