Abbey and A&L reduce fixed and tracker deals

The two-year fixed rate at 75% LTV has been cut down by 0.35% to 4.18% and a three-year fixed rate homebuyer now stands at 70% LTV, down by 0.09% to 4.49%.

A three-year fixed rate for remortgage at 70% LTV, is down by 0.39% to 4.49%. A four-year fixed rate for remortgages is at 70% LTV, down by 0.10% to 4.89%.

Abbey for Intermediaries has also lowered the cost of its two-year tracker mortgage at 70% LTV by 0.15% to 2.79%.

Alliance & Leicester Intermediary Sales has launched a two-year fixed rate at 70% LTV and remortgage and homebuyer products at 3.15% with a 2% fee.

On its 70% LTV range, a two year fixed rate for remortgages and homebuyers, with a £495 fee has been cut down by 0.20% to 3.95%. Its two year fixed rate for remortgage and homebuyers, with a £1,495 fee, has also been cut down by 0.20% to 3.65%.

Its three year fixed rate for remortgage and homebuyers, with a £995 fee has also been cut down by 0.39% to 4.49%. Its two year tracker for remortgage and homebuyer with a £995 fee has been cut down by 0.15% to 2.79%.

Ricky Okey, managing director of Abbey for Intermediaries and Alliance & Leicester Intermediary Sales, said: "We are committed to offering deals with the best possible rates so that even more intermediaries and their clients will be able to benefit from the highly competitive products we offer."