Abbey for Intermediaries (AFI) has launched two new Key Account exclusives and cut rates across its range again by up to 0.20 basis points.
The new products, which are available to all Key Accounts, are:
- A three-year fix with a rate of 3.69% and a £995 fee, available up to 75% LTV to both homebuyers and remortgagers
- A two-year tracker with a rate of 2.79% (BBR + 2.29%) and a £995 fee, available up to 60% LTV to both homebuyers and remortgagers
It has also reduced the rate on its five-year fix for Key Accounts at 60% LTV by 0.20 basis points to 3.19% with a £1,495 fee. It is available to both homebuyers and remortgagers.
In its main range, AFI has reduced the rate on its five-year fix at 75% LTV by 0.20 basis points, to 3.99%. The product has a £995 fee and is available to both homebuyers and remortgagers.
The intermediary lender has also reduced rates on a number of fixed rate deals by 0.10 basis points, with the new rates as follows:
- Two-year fix at 85% LTV with a rate of 4.69% and a £995 fee, available to both homebuyers and remortgagers
- Three-year fix at 85% LTV with a rate of 4.89% and a £995 fee, available to homebuyers
- Three-year fix at 85% LTV with a rate of 4.89% and a £99 fee, available exclusively to first-time buyers
- Three-year fix at 85% LTV with a rate of 5.19% and no fee, available to homebuyers
- Five-year fix at 85% with a rate of 4.89% and a £995 fee, available to both homebuyers and remortgagers
All of these products come with either the homebuyer or remortgage solution.
“We are delighted to support our intermediary partners with our highly competitive new Key Account exclusives,” said Miguel Sard, managing director of Abbey for Intermediaries.
“These new deals are available to both homebuyers and remortgagers and we expect there to be strong demand from intermediaries and their clients for such fantastic rates.
“We are committed to supporting the intermediary market with great products and service, and we have also reduced rates by up to 0.20% [sic] across a number of our fixed rate deals to support borrowers.”