Abbey for Intermediaries (AFI) has launched a pair of seven day ‘spring specials’ with no fee.
They are available exclusively through all Key Accounts.
The deals are a three-year fix with a rate of 2.49% and no fee, available up to 70% LTV, and a three-year fix with a rate of 2.79% 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 6 June 2013.
AFI is also launching the following new products, which also come with the Homebuyer or Remortgage Solution:
- Two-year fix with a rate of 2.24% and a £995 fee, available up to 60% LTV
- Five-year fix for existing home movers with a rate of 3.09% and a £995 fee, available up to 75% LTV
- Five-year fix with a rate of 3.14% and a £995 fee, available up to 75% LTV
The intermediary lender is also reducing rates across its buy-to-let range and the new deals include the following:
- Two-year fix with a rate of 2.99% and a £1495 fee, available up to 60% LTV
- Two-year fix with a rate of 2.59% and a 2.5% fee, available up to 60% LTV
- Two-year tracker with a rate of 2.99% (BBR + 2.49%) and a £1495 fee, available up to 60% LTV
- Two-year tracker with a rate of 2.59% (BBR + 2.09%) and a 2.5% fee, available up to 60% LTV
- Five-year fix with a rate of 3.99% and a £1495, available up to 60% LTV
- Two-year fix with a rate of 3.49% and a £1495 fee, available up to 75% LTV
- Two-year tracker with a rate of 3.35% and a £1495 fee, available up to 75% LTV
All of these products are available to homebuyers and remortgagers and come with the Homebuyer Solution for purchasers.
Miguel Sard, managing director of Abbey for Intermediaries, said: “Offering market leading rates and with no booking fee, our latest seven day spring specials offer a fantastic opportunity for intermediaries to support their clients, whether they are buying a home or remortgaging.
“At Abbey for Intermediaries, we are committed to supporting the intermediary market and in addition to launching a number of new products for residential borrowers, we are pleased to make significant rate cuts across our buy-to-let range, to enhance our offering for non-professional landlords.”
