Abbey has lowered its fixed rates by up to 0.11 per cent and launched a new tracker deal at 2.94 per cent.
The new fixed rates are available through both Abbey and Alliance & Leicester branches and are as follows: 70 per cent LTV 2 yr fix homebuyer product at 3.88 per cent, fee £995 - rate reduced by 0.10 per cent 85 per cent LTV 3 yr fix homebuyer product at 5.88 per cent, fee £995 - rate reduced by 0.11 per cent In addition, for those customers who wish to take out a variable mortgage, a new 70 per cent LTV, two year tracker mortgage at 2.94 per cent (Remortgage & Homebuyer), with a fee of £995 is now available through both Abbey and Alliance & Leicester branches. Nici Audhlam-Gardiner, Director of Mortgages at Abbey said: "With interest rates at a historical low many people are looking to tie in to fixed rates now, and in what is traditionally a very popular time of the year to purchase a house we expect that these reductions to our fixed rate product range will help more people find an affordable mortgage".
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Date: 7th, October, 2009 |
Author: Ben Wilkie |
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