Abbey cuts fixed deals by 0.2%

Abbey for Intermediaries is cutting its fixed rate by 0.2% on two and five-year deals.

The five year fixed rate is being reduced to 5.25% with 75% LTV, a £799 fee and is available to all customers.

The two-year fixed is dropping to 3.19% and up to 70% LTV with a £995 fee for purchase only.

And there is a two-year fixed deal for remortgages at 3.29% with a 70% LTV and £995 fee.

Phil Cliff, mortgage director for Santander says:  “We want to offer our customers competitive rates and a good variety of products and the latest changes to our range are no exception.”

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