AFI launches fee free high LTVs

Sam Cordon

May 10, 2013

Highlights of the range include a 2-year fix at 4.75% up to 90% LTV to homebuyers and a 2-year fix at 4.59% and a 3-year fix at 4.79% both at 90% LTV exclusively available to first-time buyers.

Miguel Sard, managing director of AFI, said: “We are delighted to support higher LTV borrowers with our new range of fee-free products at 85% and 90% 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.”

The intermediary lender has also launched two new products with no fees at 70% and 75% LTV; a 5-year fix with a rate of 3.29% up to 70% LTV and a 5-year fix with a rate of 3.69% available up to 75% LTV. Both products are available to homebuyers and remortgagers.

And for its buy-to-let customers AFI has launched a 2-year fix at 3.34% with a £1495 fee which is available up to 60% LTV to purchasers and remortgagers.

Sign up to our daily email