AfI launches key account exclusives

Abbey for Intermediaries (AFI) is launching two key account exclusives and will reduce rates again by up to 0.30% across its range.

AfI says the new key account exclusives can be accessed by over 95% of the intermediary market and are available for one week only.

Both products have a maximum loan size of £1m. Details include:

• Two-year fix with a rate of 2.89% and a £995 fee, available up to 75% to both homebuyers and remortgagers

• Two-year tracker with a rate of 1.99% (Bank base rate + 1.49%) and a £995 fee, available up to 70% LTV to both homebuyers and remortgagers.

AFI has also launched a new three-year fix with a rate of 5.99% and a fee of £495, available up to 90% LTV to homebuyers.

The intermediary lender has also reduced rates by up to 0.30% on a number of products across its range, including:

• Rate reduced by 0.30% on four-year fix at 85% LTV for homebuyers, now 5.39% with a £495 fee
• Rate reduced by 0.20% on four-year fix at 75% for homebuyers and remortgagers, now 4.79% with a £995 fee
• Rate reduced by 0.20% on two-year fix at 90% LTV, available exclusively to all key accounts, now 5.79% with a £99 fee
• Rate reduced by 0.15% on two-year fix at 85% LTV for remortgagers, now 4.69% with a £995 fee
• Rate reduced by 0.10% on two-year fix at 60% LTV for homebuyers and remortgagers, now 2.99% with a £995 fee
• Rate reduced by 0.10% on two-year tracker at 80% LTV for homebuyers, now 3.29% with a £995 fee
• Rate reduced by 0.10% on two-year fix at 75% LTV for homebuyers and remortgagers, available exclusively to Current Account holders, now 3.39% with a £745 fee
• Rate reduced by 0.10% on two-year tracker at 80% LTV for remortgagers, now 3.39% with a £995 fee

Miguel Sard, managing director at Abbey for Intermediaries, said: “These market leading rates, available exclusively to our Key Accounts, are back by popular demand.

“Both homebuyers and remortgagers can take advantage of these great products and we expect there to be very strong demand from borrowers over the coming week.

“We are also pleased to support intermediaries and their clients with further rate reductions of up to 0.30% across our range. We are committed to supporting the intermediary market with great products and service, and these enhancements to our range follow the launch earlier this week of our popular new document upload tool for intermediaries.”

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