New deals from AFI

Published on

Abbey for Intermediaries AFI

Abbey for Intermediaries (AFI) has unveiled a new range of fee-free products at 85% and 90% LTV.

The simplified range with no fees includes the following deals:

  • Two-year fix with a rate of 4.29%, available up to 85% LTV to homebuyers and remortgagers
  • Two-year fix with a rate of 4.75%, available up to 90% LTV to homebuyers
  • Two-year fix with a rate of 4.59%, available exclusively up to 90% LTV to first-time buyers
  • Three-year fix with a rate of 4.89%, available up to 90% LTV to homebuyers
  • Three-year fix with a rate of 4.79%, available exclusively up to 90% LTV to first-time buyers
  • Five-year fix with a rate of 4.49%, available up to 85% LTV to homebuyers and remortgagers
  • Two-year tracker with a rate of 4.29% (BBR + 3.79%), available up to 85% LTV to homebuyers

The intermediary lender has also launched two new products with no fees at 70% and 75% LTV – a five-year fix with a rate of 3.29%, available up to 70% LTV, and a five-year fix with a rate of 3.69%, available up to 75% LTV. Both products are available to homebuyers and remortgagers.

All of these products also come with either the Homebuyer or Remortgage Solution. 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.

In addition, AFI has launched a new two-year fix for buy-to-let customers, with a rate of 3.34% and a £1495 fee, which is available up to 60% LTV to purchasers and remortgagers. The product comes with the Homebuyer Solution for purchasers.

Miguel Sard, managing director of Abbey for Intermediaries, said: “We are delighted to support higher LTV borrowers with our new range of fee-free products at 85% and 90% LTV. All of these products also come with the added benefit of our Homebuyer or Remortgage Solution, helping borrowers to save money whether they are buying a new home or remortgaging.

“We are committed to supporting intermediaries and their clients with great products, and we expect there to be strong demand for these highly competitive new deals.”

Latest POLL

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

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...