Abbey reduce fixed and tracker rates

Abbey for Intermediaries have reduced the rates on selected 2 and 3 year Fixed Remortgage and Homebuyer products as well as 2 year Tracker products.

Related topics:  Mortgages
Millie Dyson
2nd December 2010
Mortgages
New rates as follows:

2 year fixed rate

- Homebuyer, 70% LTV, 3.19% with a 0.50% fee

- Remortgage, 70% LTV, 3.09% with a £995 fee

- Remortgage, 70% LTV, 3.25% with a 0.50% fee

- Homebuyer, 75% LTV, 3.39% with a £995 fee

- Remortgage, 75% LTV, 3.59% with a £995 fee

- Remortgage, 75% LTV, 3.89% with a £99 fee

3 year fixed rate

- Market-leading - Homebuyer, 70% LTV, 3.79% with a £495 fee

- Remortgage, 70% LTV, 3.79% with a £995 fee

2 year Tracker

- Core, 70% LTV, 2.49% (BBR + 1.99%) with a £995 fee

- Homebuyer, 70% LTV, 2.49% (BBR + 1.99%) with a £995 fee

- Remortgage, 70% LTV, 2.59% (BBR + 2.09%) with a £995 fee

- Remortgage, 75% LTV, 3.09% (BBR + 2.59%) with a £995 fee

AFI are also increasing the LTV to 70% on our 2 year Fixed rate Homebuyer product, 2.99% with a £995 fee.

At the same time Abbey for Intermediaries are launching a 3 year fixed rate First Time Buyer product, 85% LTV, 5.69% with a £495 fee.

The following products are being withdrawn:

- 2 year Fixed rate Homebuyer product, 70% LTV, 3.05% with a £995 fee

- 2 year Fixed rate Core product, 70% LTV, 2.89% with a £995 fee

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