Abbey for Intermediaries has reduced the cost of its mortgage rates by as much as 0.40 per cent.
After the shake-up there are now two-year fixed rate deals at 4.94 per cent and a five-year deal at 5.24 per cent.
"We've brought our fixed rates right down to help intermediaries whose clients are looking for peace of mind if interest rates rise," commented Ambrose McGinn, director of Abbey for Intermediaries.
"The added benefit of having no redemption charge on some of these deals also means customers have true flexibility and choice - it's the best of both worlds," he added.To compare some of the best mortgage deals around, click here.
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