Abbey for Intermediaries (AFI) has launched two new seven day spring specials with no fee, available exclusively through all Key Accounts.
The deals are a five-year fix with a rate of 2.99% and no fee, available up to 70% LTV, and a five-year fix with a rate of 3.19% and no fee, available up to 75% LTV.
Both products are available to homebuyers and remortgagers and come with the added benefit of either the Homebuyer or Remortgage Solution. The Homebuyer Solution offers borrowers a free standard mortgage valuation and £250 cashback on completion, while the Remortgage Solution offers a free standard mortgage valuation, and either free legals or £250 cashback on completion.
The products have a maximum loan size of £1m and are available until close of business on Thursday 30 May 2013.
The intermediary lender has also cut rates on a number of its two-year products at 70% and 75% LTV. The new rates include:
- Two-year fix at 2.24% with a £1249 fee (min loan £200k), available through all Key Accounts up to 70% LTV
- Two-year fix at 2.34% with a £995 fee, available up to 70%
- Two-year fix for Loyal Movers at 2.49% with a £995 fee, available up to 75% LTV
- Two-year fix at 2.54% with a £995 fee, available up to 75% LTV
- Two-year tracker for Loyal Movers at 2.54% (BBR + 2.04%) with a £995 fee, available up to 75% LTV
- Two-year tracker at 2.59% (BBR + 2.09%) with a £995 fee, available up to 75% LTV
All of these products are available to homebuyers and remortgagers and come with the Homebuyer or Remortgage Solution
Miguel Sard, managing director of Abbey for Intermediaries, said: “We saw strong demand for last week’s spring special from intermediaries and their clients, and we are delighted to support the intermediary market with the launch of two new seven day specials with best buy rates and no booking fees. These products are available exclusively through all Key Accounts and they also come with the added benefit of the Homebuyer or Remortgage Solution, to help borrowers keep their costs down.
“We are committed to offering great products for homebuyers and remortgagers and we are pleased to have also cut selected rates across our two-year fixed and tracker range.”