Abbey launches 10-year fixed and lower rate tracker

Abbey has launched a new 10-year fixed rate and 4.99% tracker.

Its no upfront fee deals include a two-year fixed at 5.59% and a remortgage deal fixed at 5.64%

Its 999 upfront fee two-year is fixed at 4.99%, while its new 10-year fixed rate is 5.34% with a 499 fee.

There is also a two-year fixed at 4.99% with a 499 fee for first-time buyers.

Nici Audhlam-Gardiner, head of mortgages at Abbey, says: “Following the fall in swap rates in March, we have launched some competitive new deals for new customers.

Were committed to making sure that Abbeys fixed rate mortgages continue to be among the best rates in the market.

The changes do not affect rates for existing customers.