AA Mortgages has expanded its range of two and three-year fixed rate mortgages with new products in the 60%, 75%, 85% loan-to-value (LTV) range.
Michael Johnson, director of financial services at the AA, said: “The latest AA product range is part of our ongoing commitment to help borrowers save on their mortgage, and provide flexibility with a rate leading two or three-year deal.
“We’re delighted to be able to offer these terms to borrowers so soon after the launch of our competitive fees free five-year fixed rate mortgage in June, which helped provide more choice and certainty for first-time buyers.”
The latest AA Mortgage highlights include:
| Term | LTV | Rate | Product fee | Free valuation | Category position |
| Two-year | 60% | 1.13% | £1,495 | Yes | 2 |
| Two-year | 75% | 1.18% | £1,495 | Yes | 3 |
| Three-year | 75% | 1.48% | £995 | No | 1 |
| Two-year | 85% | 1.33% | £1,495 | Yes | 1 |
| Three-year | 85% | 1.78% | £995 | No | 4 |
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