AfI cuts rates and launches 2.79pc 2-year tracker

Robyn Hall

October 3, 2012

Both products have a fee of £995.

AFI has also reduced the rate on its 5-year fix for key accounts at 60% LTV by 0.20% to 3.19% with a £1,495 fee, also available to both homebuyers and remortgagers.

In its main range, AFI has reduced the rate on its 5-year fix at 75% LTV by 0.20%, to 3.99% with a £995 fee.

The intermediary lender has also reduced rates on a number of fixed rate deals by 0.10%.

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

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 delighted to support our intermediary partners with our highly competitive key account exclusives.”

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