AFI launches new seven day special
For seven days from Friday AFI will offer a 2.99% fee-free 5-year fixed rate mortgage which will be available up to 60% loan to value for homebuyers and remortgagers.
Miguel Sard, managing director of Abbey for Intermediaries, said: “We are delighted to launch our latest market leading seven day special designed to meet the needs of borrowers looking for a longer-term fix rate with a fantastic rate and no fee.
“With the added benefit of the Homebuyer or Remortgage Solution we expect this product to be very popular with intermediaries and their clients over the next seven days.
“The demand for our seven day specials has been extremely strong and we are pleased to continue to support the intermediary market with these Key Account exclusives.”
AFI reported a 30% increase in business week on week following the launch of its earlier seven day special – a 2-year fix with a rate of 2.49% and a £995 fee which was available up to 75% LTV to both homebuyers and remortgagers.