The lender has reduced its rate by 0.06% on its two-year fixed mortgage at 75% loan to value (LTV) ratio for homebuyers to 3.57% with a £995 fee.
The rate on Abbey’s two-year fixed mortgage at 75% LTV for homebuyers has also been reduced by 0.06% to 3.47% with a fee of £1,495.
For three-year fixed mortgages at 70% LTV for homebuyers and remortgagers, the rate has been reduced by 0.03% to 3.85% with a fee of £995.
The homebuyer solution offers borrowers a free basic mortgage valuation and £250 cash back on completion, while the remortgage solution offers a free basic mortgage valuation, and either free legals or £250 cash back on completion.
Alan Mathewson, managing director of Abbey for Intermediaries, said the lender was pleased to be able to support both intermediaries and their clients with its latest rate cuts.
He said: “These cuts support our ongoing commitment to offering a wide range of highly competitive fixed rate mortgages for both homebuyers and remortgagers alike, for borrowers looking for the peace of mind provided by a fixed rate.”
