Abbey for Intermediaries (AFI) has launched three new products and cut rates across a selection of its fixed rate products.
The two new Key Accounts exclusives consist of a two-year fix with a rate of 2.99% and a £1,250 fee, available up to 60% LTV to both homebuyers and remortgagers, and a two-year fix for homebuyers with a rate of 5.99% and a £99 fee. This is available up to 90% LTV with the Homebuyer Solution, which offers borrowers a free standard mortgage valuation and £250 cashback on completion
It is also launching a new three-year fix for homebuyers with a rate of 5.49% and no fee, available up to 85% LTV with the Homebuyer Solution.
AFI is also reducing rates across a selection of its fixed rate mortgages as follows:
* Rate reduced by 0.10% on two-year fix at 80% LTV for homebuyers, now 4.19% with a £995 fee
* Rate reduced by 0.10% on two-year fix at 85% LTV, available exclusively to first-time buyers, now 4.99% with a £495 fee
* Rate reduced by 0.10% on two-year fix at 85% LTV for homebuyers, now 4.99% with a £995 fee
* Rate reduced by 0.06% on two-year fix at 70% LTV, available exclusively to homebuyers with a Santander Current Account, now 3.49% with a £745 fee
* Rate reduced by 0.06% on two-year fix at 70% LTV for homebuyers, now 3.49% with a £995 fee
* Rate reduced by 0.06% on two-year fix at 70% LTV for Loyal Movers, now 3.49% with a £495 fee
* Rate reduced by 0.04% on two-year fix at 75% LTV, available exclusively to Key Accounts, now 3.55% with a £995 fee
* Rate reduced by 0.04% on two-year fix at 75% LTV, available exclusively to homebuyers with a Santander Current Account, now 3.55% with a £745 fee
All of the above products also come with the Homebuyer Solution.
Miguel Sard , the new managing director of Abbey for Intermediaries, said: “We are committed to becoming the intermediary lender of choice and we are pleased to be able to support the intermediary market with the launch of our new Key Account exclusives