Abbey launches remortgage exclusive at 3.19%

The key account exclusive is a two-year fixed rate at 3.19% up to 60% LTV, with a £945 fee.

AFI said it will be available to more than 95% of the intermediary market.

AFI has reduced the rate on its two-year fix at 75% LTV for remortgagers by 0.2% to 3.49%, with a reduced fee of £945. This is also available exclusively to key accounts.

AFI’s has also increased its five-year fixed rate at 4.99% to 75% LTV from 70% for homebuyers and remortgagers. The deal has a £995 fee.

It is also launching a five-year fix rate at 4.65% with a £995 fee, available up to 60% LTV to homebuyers and remortgagers.

AFI managing director Miguel Sard said: “In response to feedback from our intermediary partners, we are pleased to enhance our range of key account exclusives with the launch of a best buy two-year fix.

“With a rate of 3.19%, we expect this product to be extremely popular with intermediaries and their clients alike. We have also reduced rates and fees on a number of our products to support both homebuyers and remortgagers.”