Abbey decreases fixed rate mortgages

Abbey is lowering rates on a selection of its new two-year fixed rate mortgage products by between 0.05 per cent and 0.21 per cent.

The new rates, in what is Abbey’s most popular mortgage range, will be available from Tuesday 18th September 2007.

Nici Audhlam-Gardiner, Abbey Head of Mortgages, said: "We are committed to ensuring that Abbey’s fixed rate mortgages continue to be among the most competitive rates in the market. Two-year fixed rate products are the most popular products in the Abbey range. As with our other mortgages we change our rates in response to the market and our competitors.”