AFI changes rates and adds 5-year deal for FTBs

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Full applications on all amended and withdrawn products must be submitted by midnight Thursday 17th November 2011 in order to secure a booking on these products, AFI said.

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