Abbey has reduced the fees on its flexible mortgage deals by £1,000, it has been announced.
People looking to secure such a deal with the mortgage lender will now only have to play £1,499.
The firm's flexible mortgages allow people to offset their savings as well as to make overpayments, underpayments and to take payment breaks.
According to the mortgage lender, the fact that its deals start from 6.43 per cent at 75 per cent loan-to-value (LTV) means the deals are "very competitive".
Phil Cliff, Abbey's director of mortgages, said: "The strength of Abbey's mortgage business - backed by Santander - allows us to consistently offer customers good mortgage deals ."
Yesterday, the Co-operative Bank launched a new mortgage deal exclusively available to its current account holders.
The mortgage is a fee-free tracker which offers a rate of 0.99 per cent above the Bank of England base rate for three years on a 75 per cent LTV deal.
Abbey cuts mortgage fees
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Abbey cuts mortgage fees
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