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AFI launches offset and five-year fix deals

by ben.wilkie
July 5, 2013
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Red outline of a houseAbbey for Intermediaries (AFI) has introduced a new flexi offset product with a rate of 2.95 per cent (BBR + 2.45 per cent) and a £995 fee, which is available up to 75 per cent LTV to both homebuyers and remortgagers.

The intermediary lender is also launching a new five-year fix with a rate of 3.99 per cent and a £495 fee, which is also available up to 75 per cent LTV to both homebuyers and remortgagers.

Both products come with either the Homebuyer or Remortgage Solution respectively. The Homebuyer Solution offers borrowers the added benefits of 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 at Abbey for Intermediaries, said: “We are committed to supporting intermediaries and their clients with great products and we are delighted to be launching two market leading intermediary exclusives – our new flexi offset for borrowers looking for the flexibility of an offset deal, and a five-year fix for borrowers looking for a great longer-term rate.”

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Tags: fixed rate mortgagehomeownermortgageoffset mortgage
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