Abbey launches two-year fixes

Abbey for Intermediaries has launched a range of two-year fixed rate and variable deals, with rate cuts of up to 0.3%.

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Ricky Okey

Abbey is offering a two-year tracker at 2.49% up to 70% LTV and a £995 fee, and a two-year fixed rate deal at 3.44% at up to 70% LTV with a £995 fee.

The lender is also launching an exclusive two-year fixed rate deal for its Key Account brokers at 3.69%, a 0.3% cut on the previous deal.

The product is from Abbey’s Homebuyer Plus range and is available up to a maximum LTV of 70% and comes with a £995 fee.

Abbey has also cut its three-year fixed rate Homebuyer deal by 0.09% to 4.75%, available up to 75% LTV with a £995 fee.

The five-year fixed rate Homebuyer deal has also been cut by 0.05% to 5.44%, available at up to 75% and with a £799 fee.

Ricky Okey, managing director at Abbey for Intermediaries, says:  “This is a mortgage range designed to pack a punch.

“There have been a number of changes and additions within the range, all of which aimed at giving brokers access to market leading fixed and tracker rates across a range of LTVs.”