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Abbey announces new mortgage rates

Abbey has announced new rates on a number of its fixed rate mortgages.

The details are:
2 year fixes:
All channels
90% LTV no fee 2 year fix core 6.19%
90% LTV no fee 2 year fix homebuyer 6.29%
90% LTV no fee 2 year fix remortgage 6.24%
Direct
90% LTV £499 fee 2 year fix core 5.84%
90% LTV £499 fee 2 year fix homebuyer 6.14%
90% LTV £499 fee 2 year fix remortgage 5.94%

Abbey for Intermediaries
90% LTV £999 fee 2 year fix core 5.69%
90% LTV £999 fee 2 year fix homebuyer 5.89%
90% LTV £999 fee 2 year fix remortgage 5.64%
90% LTV £1,499 fee 2 year fix core 5.49%

5 year fixes
All channels
90% LTV £599 fee 5 year fix core 6.14%
90% LTV £599 fee 5 year fix homebuyer 6.29%
90% LTV £599 fee 5 year fix remortgage 6.19%
95% LTV £599 fee 5 year fix core 6.34%
95% LTV £599 fee 5 year fix homebuyer 6.44%
95% LTV £599 fee 5 year fix remortgage 6.44%

Direct only
90% LTV £599 fee 5 year fix loyal mover 6.24%

Nici Audhlam-Gardiner, Abbey Head of Mortgages, said: “These recent rate changes are in line with the market and Abbey remains competitive. In fact, we are in joint second place in the best buy tables for brokers. The changes today are due to the increase in swap rates. However our 100 per cent mortgage for first time buyers which we launched last week remains static at 6.99% for the no fee option and 6.35% for the £495 fee option.”

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