Abbey and A&L reduce fixed rates by up to 0.39%
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Abbey for Intermediaries and Alliance & Leicester Intermediary Sales are cutting the rates on a range of existing fixed rate and tracker mortgages available through the intermediary channel.
Abbey for Intermediaries is now offering a two-year fixed rate at 75% LTV, down by 0.35% to 4.18% with a £995 booking fee, a three-year fixed rate Homebuyer at 70% LTV, down by 0.09% to 4.49% with a £995 booking fee.
It is also offering a three-year fixed rate for remortgage at 70% LTV, down by 0.39% to 4.49% with a £995 booking fee and a four-year fixed rate for remortgages at 70% LTV, down by 0.10 per cent to 4.89% with a £995 booking fee.
In addition, Abbey for Intermediaries is also lowering the cost of its two-year tracker mortgage at 70% LTV by 0.15% to 2.79%.
A&L has launched a two-year fixed rate at 70% LTV for its remortgage and homebuyer products at 3.15%, with a 2% fee.
In addition the following rates have been reduced on its 70% LTV range:
· Two year fixed rate (Remortgage and Homebuyer), with a £495 fee, down by 0.20% to 3.95%.
· Two year fixed rate (Remortgage and Homebuyer), with a £1,495 fee, down by 0.20% to 3.65%.
· Three year fixed rate (Remortgage and Homebuyer), with a £995 fee or 1% fee, down by 0.39% (0.09 on the homebuyer) to 4.49%.
· Two year tracker (Remortgage and Homebuyer), with a £995 fee, down by 0.15% to 2.79%.
Ricky Okey, managing director of Abbey for Intermediaries and Alliance & Leicester Intermediary Sales, says: “We are committed to offering deals with the best possible rates so that even more intermediaries and their clients will be able to benefit from the highly competitive products we offer.”
