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AfI cuts rates and launches new range

Nia Williams

July 29, 2011

The lender has reduced rates as follow:

  • Rate reduced by 0.20% on two-year fix at 75% LTV for Loyal Movers, now 3.19% with a £495 fee
  • Rate reduced by 0.20% on two-year fix at 75% LTV for current account customers, available to both homebuyers and remortgagers, now 3.19% with a £745 fee
  • Rate reduced by 0.20% on two-year fix at 75% LTV for homebuyers and remortgagers, now 3.19% with a £995 fee
  • Rate reduced by 0.20% on three-year fix at 70% for remortgagers, now 3.69% with a £995 fee
  • Rate reduced by 0.20% on two-year fix at 75% LTV for homebuyers and remortgagers, now 3.79% with no fee
  • Rate reduced by 0.16% on two-year fix at 75% LTV for homebuyers and remortgagers, now 3.09% with a 1.5% fee
  • Rate reduced by 0.14% on two-year fix at 60% LTV for homebuyers and remortgagers, now 3.15% with a £495 fee
  • Rate reduced by 0.10% on two-year fix at 60% LTV for homebuyers and remortgagers, now 2.89% with a £995 fee

AFI has also launched a new two-year fix with a rate of 2.99% and a £995 fee, available up to 70% LTV to both homebuyers and remortgagers.

It has also launched a new three-year fix for homebuyers with a rate of 3.55% and a fee of £995, which is available up to 70% LTV. The same product is available to Loyal Movers with a £495 fee.

Commenting Miguel Sard, managing director at Abbey for Intermediaries, said: “We are pleased to be able to enhance our range with further rate reductions and the launch of a number of highly competitive new deals. We are committed to supporting intermediaries and their clients with great products, and we expect to see strong demand for our latest deals.”


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