New Mortgage Guides

Other Mortgage Guides

Mortgage Types

Mortgage Tools

Financial Services > Mortgages > Mortgages News

Abbey releases two-year tracker mortgage

Bookmark and Share

Abbey National Plc, the sixth biggest bank and second largest provider of mortgages and savings in the UK, has released a number of new mortgage products. One of these, a two-year tracker mortgage, has an interest rate of just 4.44 per cent. The mortgage market in the UK is currently diverse and competitive, and Abbey aim to attract tracker mortgage custom with this deal.

The new Abbey two-year tracker has a fee of just under �650 for those loans that do not exceed �500,000. The maximum LTV (loan to value) is set at 75 per cent. For mortgages up to �2 million the fee will climb slightly to just under �850.

Abbey National also released two new fixed-rate mortgage deals, for five and seven year terms. The rates were 5.39 per cent for customers looking for a remortgage and seven years. For borrowers moving house and first-time buyers the rate falls to 5.14 per cent. On the five-year remortgage deal no fee is set.

The new tracker mortgage is also available as a remortgage, although the fee climbs by �50 in this instance. One expert from Abbey was reported as saying that this time of year is popular to move house and spring-clean finances, which can be a daunting challenge. Abbey has launched a range of new mortgages to help movers, remortgagers and first-time buyers, with a variety of different rates and options.

Further Abbey products have been launched, including a new build mortgage and a lifetime tracker.

Bookmark and Share

Recommended Links

Copy and Paste the following HTML into your page.

Receive Mortgage Advice from a Regulated Advisor

Mortgage advice

There is no better time to be seeking suitable mortgage advice from a Regulated mortgage advisor

Submit your details today for an obligation-free chat and a regulated mortgage advisor will call you back to help you find the mortgage that best fits your needs.

We will only provide your details to one regulated advisor.

Your mortgage

 * Help
 * Help
 * Help

About you


Questions marked with * are required

Please be aware that the advisor who contacts you will be a third party advisor who has no connection with us. There is no charge to you for using this service. We are paid by charging your assigned advisor a fee for this service. Any advice or assistance given to you by a third party advisor does not represent our advice or assistance and is not checked or endorsed by us. It is your decision whether or not you act on any advice or assistance you are given.

By clicking “Proceed” you confirm that:

  • You accept our Terms of use and
  • You would like to be contacted by a regulated third party advisor to discuss your needs.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Financial Services Net Limited and other trusted 3rd parties would like to keep you advised via e-mail or telephone of products, services and other exciting offers we think may interest you. Please untick this box if you do not consent to us contacting you for further information.

news news rss
Mortgages News

Huge rise in number of cheap five-year fixed-rate mortgages

All hail the return of the 100% mortgage

Spare bedroom 'could slash mortgage by 29 months'

Mortgage lenders

Browse mortgage lender offersMortgage Rates by Lender

  • Browse current mortgage offers from over 90 lenders.

Worried about mortgage repayments?Worried about Mortgage Repayments?

  • Join our petition to Government to bail out burdened individuals, not just banks.

Free mortgage quoteFree Mortgage Quote

Mortgages in Scotland Mortgages in Scotland

Equity releaseEquity Release

  • Unlock equity in your home.

Switching mortgagesSwitching Mortgages

Home reversion plansHome Reversion Plans

Commercial mortgages Commercial Mortgages

  • Commercial property loans
  • Starting a business?

Arrears & CCJs?

  • Remortgages
  • Sub prime mortgages
  • Arrears, CCJs
  • Self certification
  • Debt consolidation

Protect your mortgageProtect Your Mortgage

  • 3 months free mortgage protection cover

Mortgage Newsletter