Abbey launches 3.21% three-year tracker

Abbey for Intermediaries is launching a new three-year tracker at 3.21% and 75% LTV tomorrow.

And for existing customers moving property the lender is offering an increase in LTV from 75% to 80% on its two-year fixed and two-year tracker Loyal Mover products.

Both products have no fees and are available at 3.99% for the fixed and 2.99% for the tracker

And Abbey is also launching a new 3.09 per cent, 70% LTV home buyer product but with a £995 fee for existing customers moving home.

Phil Cliff, mortgage director for Santander, says:  “As always, Santander is keen to reward existing customers where possible. Our new two-year fixed gives existing mortgage customers an extremely competitive deal while we’ve increased the LTV to 80% on both the two-year fixed and two-year tracker to help those borrowers with smaller deposits.”

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