It is available to 60 per cent loan-to-value and has a £995 fee.
The lender will also launch a two-year tracker at 2.34 per cent. It has a £995 fee and is available to 70 per cent LTV.
Both products are available to homebuyers and remortgagers and come with Abbey’s homebuyer or remortgage solution.
Homebuyer solution offers borrowers a free standard mortgage valuation and £250 cashback on completion, while remortgage solution offers a free standard mortgage valuation, and either free legals or £250 cashback on completion.
Abbey managing director Miguel Sard says: “We are pleased to launch these fantastic new best buy deals through the intermediary market. We are committed to supporting borrowers and in addition to offering great rates, these products also come with the added benefit of our homebuyer or remortgage solution.”