The first, available through Abbey is a fee-free 2-year fix at 3.99 per cent, available up to 75 per cent LTV with free valuation and £250 cashback on completion.
The second, to be available through Alliance & Leicester is a 2-year fix at 5.79 per cent, available up to 85 per cent LTV, with a one per cent fee, free valuation and £200 cashback.
The integration of the sales force of the two businesses provides intermediaries with one point of contact and information for both brands, saving time and making it easier for intermediaries to find the right product for their clients’ needs.
Ricky Okey, Managing Director of Intermediary Distribution for Abbey and Alliance & Leicester, said: "In the current market conditions, many borrowers are turning to fixed rates for peace of mind and we expect our new broker exclusive two-year fixed products to be extremely popular with intermediaries and their clients alike. We are committed to providing intermediaries with both competitive products and good service and so are delighted to mark the launch of our sales force integration with this intermediary exclusive.”
