Abbey for Intermediaries (AFI) has launched a fantastic new range of fee-free products at 85 per cent and 90 per cent LTV, to support first-time buyers and borrowers with a higher LTV.
The simplified range with no fees includes the following great deals:
- Two-year fix with a rate of 4.29 per cent, available up to 85 per cent LTV to homebuyers and remortgagers
- Two-year fix with a rate of 4.75 per cent, available up to 90 per cent LTV to homebuyers
- Two-year fix with a rate of 4.59 per cent, available exclusively up to 90 per cent LTV to first-time buyers
- Three-year fix with a rate of 4.89 per cent, available up to 90 per cent LTV to homebuyers
- Three-year fix with a rate of 4.79 per cent, available exclusively up to 90 per cent LTV to first-time buyers
- Five-year fix with a rate of 4.49 per cent, available up to 85 per cent LTV to homebuyers and remortgagers
- Two-year tracker with a rate of 4.29 per cent (BBR + 3.79 per cent), available up to 85 per cent LTV to homebuyers
The intermediary lender has also launched two new products with no fees at 70 per cent and 75 per cent LTV – a five-year fix with a rate of 3.29 per cent, available up to 70 per cent LTV, and a five-year fix with a rate of 3.69 per cent, available up to 75 per cent LTV. Both products are available to homebuyers and remortgagers.
All of these products also come 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.
In addition, AFI has launched a new two-year fix for buy-to-let customers, with a rate of 3.34 per cent and a £1495 fee, which is available up to 60 per cent 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 per cent and 90 per cent 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.”
Loading ...