Abbey for Intermediaries (AFI) is launching two key account exclusives and cutting rates by up to 0.30 percentage points.

The Santander brand claims the new key account exclusives can be accessed by over 95% of the intermediary market. They are available for one week only.

Firstly there is a two-year fixed rate, priced at 2.89% with a £995 fee, available up to 75% LTV to both homebuyers and remortgagers.

The second new exclusive is a 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.

Both products have a maximum loan size of £1 million.

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.

Miguel Sard, managing director at Abbey for Intermediaries, said: “These market leading rates