Abbey cuts rates on flexible mortgage range

Abbey has cut the rates on its flexible mortgage range.

All Abbey Flexible Plus mortgages now offer help towards valuation and legal fees. Flexible Plus Deal for Life is now available at 4.99%, and Standard Flexible Plus is available at 5.25% with a low fee of 199

Lal Tawney, head of mortgage marketing at Abbey, says: “Weve cut the rates on two of our Flexible Plus products and the whole range now offers attractive rates. Flexible Plus offers borrowers the opportunity to offset savings against borrowings and comes with the added bonus of overpayments, underpayments and payment holidays.

“This is the perfect option for borrowers who dont want to have to keep remortgaging every two or three years or tie themselves into a potentially expensive fixed rate.”

Abbeys new Flexible Plus mortgages are available from today October 24.