Abbey launches 2.69% two-year tracker

Abbey for Intermediaries has launched a two year tracker at 2.69 per cent and lowered other tracker products by up to 0.30 per cent.

The new two-year tracker is offered at 70 per cent LTV, at 2.69 per cent (2.19 per cent difference to base rate) with a GBP 995 booking fee and the homebuyer plus solution, which is offered with free legal fees and valuation.

The bank has also lowered its two-year tracker Homebuyer mortgage at
75 per cent LTV, down by 0.25 per cent to 2.94 per cent with a GBP 995 booking fee.

The two-year tracker remortgage product at 75 per cent LTV, has also been cut by 0.30 per cent to 2.99 per cent with a GBP 995 booking fee.

The range now also includes a new five year fixed rate (Homebuyer), at
75 per cent LTV, at 5.49 per cent with a GBP 799 booking fee.

Ricky Okey, managing director of Abbey for Intermediaries, said: “As competition starts to return to the market, we will aim to ensure that we continually keep our rates under review to ensure that we offer intermediaries competitive products across our mortgage range.”