Abbey for Intermediaries (AFI) has unveiled a new five-year fix at 80% LTV and cut rates on fixed and tracker deals across its range.

The intermediary lender has launched a new five-year fix with a rate of 3.74% and a £995 fee, which is available to both homebuyers and remortgagers up to 80% LTV.

It has also cut rates across its range, with the new deals on offer including:

• Two-year fix with a rate of 2.74% and a £995 fee, available up to 75% LTV
• Two-year fix with a rate of 3.19% and no fee, available up to 75% LTV
• Three-year fix with a rate of 1.99% and a 2.5% fee, available up to 70% LTV
• Three-year fix with a rate of 2.59% and a £995 fee, available up to 70% LTV
• Three-year fix with a rate of 2.99% and a £995 fee, available up to 75% LTV
• Three-year fix with a rate of 3.19% and no fee, available up to 70% LTV
• Two-year tracker with a rate of 2.74% (BBR + 2.24%) and a £995 fee, available up to 75% LTV
• Two-year tracker with a rate of 3.19% (BBR + 2.69%) and no fee, available up to 75% LTV

All of these products are available to homebuyers and remortgagers, and come with either the Homebuyer or Remortgage Solution respectively. The Homebuyer Solution offers borrowers a free standard mortgage valuation and £250 cashback on completion, while the Remortgage Solution offers a free standard mortgage valuation, and either free legals or £250 cashback on completion.

AFI has also reduced rates on its loyalty range for Existing Movers, which also offer the added benefits of the Homebuyer Solution:

• Two-year fix with a rate of 2.69% and a £995 fee, available up to 75% LTV
• Three-year fix with a rate of 2.94% and a £995 fee, available up to 75% LTV
• Two-year tracker with a rate of 2.69% (BBR + 2.19%) and a £995, available up to 75% LTV

Miguel Sard, Managing Director of Abbey for Intermediaries, said: “We are pleased to support intermediaries and their clients with further rate reductions across our range.

“In addition, we have also launched a new best buy five-year fix at 80% LTV, which is designed to appeal to borrowers who are looking to lock into a fantastic rate for the longer term.

“All of these competitive new products come with the added benefit of our Homebuyer or Remortgage Solution, helping borrowers to save even more money whether they are buying or remortgaging.”