The Abbey have slashed their fixed rate mortgage rates, in order to remain competetive as the base rate continues to tumble.
You can now fix with Abbey at a rate of 5.63 per cent with a fee of just £499 which is remarkably competetive. You can also get a loan to value of 90 per cent on the five year deal.
Head of mortgage for the Abbey, Nici Audhlam-Gardiner commented, “We have a fantastic range of five-year deals, all at 5.63 per cent. We’re finding more people are turning to longer-term products these days – one, because of the certainty they offer and two, because the deals are so well priced."