AfI and A&L cut rates again

Abbey for Intermediaries and Alliance & Leicester Intermediary Sales has made further cuts on a range of existing fixed rate and tracker mortgages available through the intermediary channel.

For example, Abbey for Intermediaries is now offering a two-year fixed rate at 75% LTV, down by 0.35% to 4.18% with a £995 booking fee and a three-year fixed remortgage deal at 70% LTV, down by 0.39% to 4.49% with a £995 booking fee.

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

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.”””