18 Nov

Abbey extends its best-buy range

Abbey extends its best-buy range

Abbey has announced that it is adding a new product to its best-buy range.

The latest deal will offer mortgage customers a loan at the low rate of 3.69 per cent.

It is available as a two-year fixed rate mortgage with a maximum loan-to-value (LTV) of 70 per cent. There is also a £799 fee for purchase and remortgage.

Nici Audhlam-Gardiner, director of mortgages at Abbey, said: "We continue to offer our customers compelling deals on both fixed and tracker rates. Throughout 2009, we have remained strong in the mortgage market."

Abbey has consistently expanded its best-buy range over the past few weeks. Other deals on offer through the bank include a two-year tracker at 2.69 per cent with an LTV of 70 per cent and fees of £995 as well as its 90 per cent LTV, three-year fixed-rate product at 5.99 per cent.

Spanish banking giant Santander took over Abbey in the summer of 2004. It then went on to add Alliance & Leicester and Bradford & Bingley to its portfolio of British retail banks.

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