Abbey for Intermediaries (AfI) is tomorrow launching a new Key Account only 75% LTV, two year tracker mortgage at 2.85% with a £995 booking fee.
The new product is available to both home buyers and remortgage customers.
In addition, Abbey for Intermediaries is also reducing the rate on its 70% LTV, five year fixed rate products by up to 0.25% to 4.99%.
Other changes to the mortgage range include a cut in the three year tracker mortgage range.
Ricky Okey, managing director at Abbey for Intermediaries, said: “All our key account exclusive products are available to almost 90% of mortgage intermediaries and offers us a great channel through which we can deliver competitive broker only deals. Meanwhile we continue to cut rates on both fixed and tracker mortgages to ensure that our intermediary product range remains market leading.”””
