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Abbey offers 1.99% two-year fix for 7 days only

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Abbey for Intermediaries is launching a 1.99 per cent two-year fixed, but only for seven days.

The product will launch on 23 November and will be available up to 60 per cent loan-to-value for loans up to £500,000. There will be a £1,495 fee.

Full applications must be received by midnight on 29 November to secure the deal. It is available to Abbey’s key accounts, which cover 95 per cent of the intermediary market.

At the same time the lender will withdraw its 2.69 per cent two-year fixed rate, which is available to 60 per cent LTV.

Earlier this month, Money Marketing’s sister title Mortgage Strategy revealed Tesco has pulled its direct-only 1.99 per cent two-year fixed rate, less than a month after it was launched.

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