New mortgages from Abbey

February 27, 2009 by Brendan

Today, the Abbey joined the competition by launching two competitive fixed rate mortgages, both with no fees attached.

One is aimed at those looking for a remortgage and another for homebuyers, and both are three year fixed rate deals for those with a 25 per cent deposit at 4.59 per cent interest rate.

Both mortgages include a free valuation and free legal fees, making them very competitive on the fees front at a time when most borrowers are busy saving and spending on the deposit and generally have to search for mortgages with a low or no fee at all.

The Abbey has also reduced its rates on other mortgages making them even more competitive.  Many mortgage advisors advocate it is a good time to tie into a fixed rate deal whilst interest rates are low and the banks are starting to compete for business again.

Written by

Brendan
Brendan

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