Abbey mortgage rates increase.

Abbey for Intermediaries has announced a change to its mortgages rates.

With immediate effect several 2 year fixed rate and tracker mortgage products offered to borrowers with a 25 per cent deposit have been amended.

The new mortgage rates for the lenders 2 year fixed products for 75 per cent LTV are as follows.

Abbey now offer a Homebuyer product at 3.79 per cent with a £995 fee. A fee free Homebuyer product is also offered at 4.29 per cent and a Homebuyer Plus product is offered at 3.79 per cent with a £995 fee.

For remortgage customers Abbey offer a 2 year fixed rate product at 3.99 per cent with a £995 fee and a fee free version at 4.49 per cent.

Abbey has also amended its rates for 2 year fixed Loyalty products. Deals are offered at 75 per cent LTV fee free for new purchases at 4.19 per cent and 4.39 per cent fee free for remortgages.

Tracker mortgage rates have also been amended for deals fixed for 2 years at 75 per cent LTV.

Abbey's Homebuyer tracker is now offered at 3.04 per cent above BBR with a £995 fee, a fee free version is offered at 3.54 per cent above BBR and a Homebuyer plus product is offered at 3.04 per cent above BBR with a £995 fee. A loyalty product is offered fee free at 3.44 per cent above BBR and a remortgage product is offered at 3.74 per cent above BBR.

Abbey for Intermediaries also plans to amend its buy to let mortgage rates, both fixed and tracker products for 60 per cent and 75 per cent LTV. New rates will be announced at a later date.

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