
Abbey reduce mortgage rates

At the same time, Abbey have taken the opportunity to launch two new remortgage deals for those who do not wish to pay high arrangement fees. The schemes both have an arrangement fee of £499 and consist of a three year tracker at 6.28%, and a three year fixed rate at 6.50%. Both new deals are available up to 75% of the property value, and as with all Abbey mortgages, £150 of the arrangement fee has to be paid on application.
To complete the new suite of mortgage products, Abbey have announced a three year tracker at 7.04% for those wishing to borrow up to 80% of the property value. The scheme has a £999 fee of which £849 can be added to the mortgage if required.
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