Abbey to introduce new mortgages

Fix energy prices until 30th September 2017

Looking to switch your business energy supplier? Click here

Use our OFGEM accredited comparison tool to compare the whole market today.

Abbey has announced that it is introducing a new range of mortgage products from the start of next week.

The lender's new products all include £499 fees and will be open to consumers looking to borrow a maximum of £250,000 and a 60 per cent loan to value.

Rates on the new two and three-year deals range from 5.79 per cent to 5.94 per cent.

The company is also reducing the rates on products with a similar length that include a 70 per cent loan to value for up to £250,000.

Phil Cliff, head or mortgages at Abbey, outlined which borrowers may particularly benefit from the low-fee mortgages.

"They will be great for people who have plenty of equity in their property and want a really competitive deal, whilst looking to keep remortgage costs to a minimum," he explained.

Earlier this week, Alliance & Leicester revealed it is reducing rates on a number of its two and three-year mortgage products.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.