Abbey has launched a range of
new mortgage deals for those hoping to find a remortgage.
All standard
mortgage rates are now available up to a
maximum 90 per cent loan-to-value, where the previous
loan-to-value optimum was 75 per cent.
The
mortgage lender also introduced a new fee-free
two-year mortgage which will offer a
fixed mortgage rate of 4.99 per cent.
Another
fee-free mortgage is available for those trying to
find a remortgage with a
tracker mortgage rate.
Following a
mortgage rate reduction of 0.15 per cent, the
mortgage lender offers a market leading
tracker mortgage rate of 4.79 per cent.
Most of the
two-year fixed mortgage rates were cut by 0.05 per cent, with some reduced by up to 0.15 per cent.
All the
fixed mortgage rates on the three-year and
five-year mortgages were lowered by 0.1 per cent.
"
Remortgaging to a better
mortgage deal can save thousands of pounds and it is very easy to do," according to the
mortgage lender's head of
mortgages, Lal Tawney.
Mr Tawney adds that Abbey has had more mentions in the
mortgage best buy tables of the national press than any other
high street bank last year between August 5th and December 23rd.
The new mortgage deals are all available from today.
