Abbey unveils new mortgage

10 June 2005
High street lender has unveiled a new look mortgage range.

The revamped products include two and five-year fixed loans with starting rates of 4.64 per cent and available alongside the bank's tracker, cash back and flexible house loans.

The two new fixed mortgages show a reduction in starting interest rates of 0.45 per cent and are available on up to 95 per cent of loan to value price amounts with arrangement fees starting at £299.

"Fixed rates have been falling for some time and we are making sure that Abbey is offering some of the lowest deals available," said Gary Hockey-Morley, Abbey's director of mortgages.

"Our fixed rates are now the lowest they have been since October 2003."

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