AFI changes rates and adds 5-year deal for FTBs

Published on

Abbey for Intermediaries (AFI) changing selected rates at 60%, 70% and 75% LTV across its fixed and tracker mortgages.

It is launching a new five-year fixed rate for first-time buyers only at 90% LTV, 5.49% with no fee.

AFI is also launching a two-year fixed rate Core, 60% LTV, 2.79% with a £995 fee and withdrawing its two-year fixed rate Homebuyer, 60% LTV, 2.69% with a £995 fee.

The charge end dates, benefit end dates and completion deadlines on its full range will move on one month and all the product codes will be replaced on its fixed rate products.

Full applications on all amended and withdrawn products must be submitted by midnight Thursday 17th November 2011 in order to secure a booking on these products, AFI said.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Cambridge backs care leavers fund

The Cambridge Building Society has committed £22,500 over three years to support a new...

Equity Release Group reports 11% rise in case volumes

Equity Release Group has reported an 11.1% year-on-year rise in case volumes for the...

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...

MAB Foundation launches £20k grant initiative

The MAB Foundation has launched a one-off £20,000 follow-on funding initiative to mark its...

New research highlights stress of homebuying journey

NatWest and Rightmove have published data which suggests the emotional reward of finding the...

Latest publication

Other news

The Cambridge backs care leavers fund

The Cambridge Building Society has committed £22,500 over three years to support a new...

Equity Release Group reports 11% rise in case volumes

Equity Release Group has reported an 11.1% year-on-year rise in case volumes for the...

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...