The product, which has a maximum loan size of £500,000, is a 3-year fix with a rate of 2.49% and a £995 fee which is available up to 60% loan to value for both homebuyers and remortgagers.
Miguel Sard, managing director of Abbey for Intermediaries, said: “Our intermediary seven day exclusives have been very well received by the market and we are delighted to make it a hat trick with our new three-year fix at 2.49%. Available through all our key account partners to more than 95% of the intermediary market we are delighted to support the intermediary market with this latest market-leading exclusive.”
AFI has also launched a 2-year fix at 85% LTV to support borrowers with a higher LTV which has a rate of 4.19% and a £995 fee. The deal is available to both homebuyers and remortgagers.
Both products offer remortgagers the added benefit of the Remortgage Solution which offers a free standard mortgage valuation and either free legals or £250 cashback on completion.
The seven day exclusive also comes with the Homebuyer Solution for purchasers which offers a free standard mortgage valuation and £250 cashback on completion.
