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Abbey launches range of summer mortgages
Mon, 17 Jul 2006
Abbey has released a range of mortgage products that aim to give remortgagers "good value".

Products included in the promotion include a two-year tracker mortgage which offers a rate of 4.37 per cent for movers and first time buyers and a two-year tracker remortgage product which had both its rate reduced by 0.11 per cent and booking fee cut by £102.

Other deals include a reduced booking fee on Abbey's five-year tracker mortgage – which has been cut by £200 to £599 – and a new three-year tracker for new build customers with an interest rate of 4.84 per cent.

The new range of products will be available to mortgage borrowers from July 17th.

Commenting on the summer promotion, Jeff Scott, head of mortgages at Abbey, said: "Remortgagers and movers will be getting good value this summer with Abbey’s special offers."

"With increasing demand from people looking for tracker rates, our range offers some of the best deals on the high street," he added.

Abbey states that it is the sixth largest bank in the UK, as well as second largest provider of mortgages and savings. It also offers credit cards, insurance and child trust funds.

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