Abbey cuts rates on two year fixes

Abbey for Intermediaries has cut its rates on its two year fixed  rate products by up to 0.24% from Friday.

It will also reduce rates on a selection of its three, four and five year fixed rates, with rates now starting from 4.45% and including the Homebuyer solution.

A spokeswoman for Santander says: “Our latest rate reductions mean that intermediaries can now offer their clients an even more competitive range of two, three, four and five-year fixes, ideal for borrowers looking for the peace of mind provided by a fixed term product.

“These latest changes to the Abbey for Intermediaries product range provide brokers and their clients with even better deals to help meet their needs.”