Abbey for Intermediaries (AFI) has launched a new seven day spring special.

It is available exclusively through all Key Accounts.

The exclusive product is a two-year fix with a rate of 2.99% and a £495 fee, which is available up to 80% LTV to both homebuyers and remortgagers.

The product, which has a maximum loan size of £550,000 and is available until close of business on Thursday 13 June 2013, comes with the added benefit of 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.

Miguel Sard, managing director of Abbey for Intermediaries, said: “We are very pleased to launch this market leading seven day spring special to support homebuyers and remortgagers with a higher LTV.

“Our seven day specials are always extremely popular with intermediaries and their clients, and we expect this fantastic deal, which is available exclusively through our Key Account partners, to be equally sought after.”