Abbey National is to revise the rates on its fixed, capped and discounted rate mortgages, which have no extended tie-ins, no compulsory insurance and no fees above £150.
The new rates apply to first time buyers, customers moving home and remortgage customers alike.
They range from: 5.9%, a discount of 1.9%, fixed until 2002 where a deposit of at least 10% is required; up to 7.9% fixed until 2007 and with a 5% deposit needed.
