Mortgage News
AfI cuts rates on four-year fixes
Abbey for Intermediaries (AfI) will reduce rates by up to 0.40% across its four-year fixed rate mortgages on Thursday.
The new deals include a four-year fixed-rate at 4.99% with no fee at up to 75% LTV for homebuyers and a four-year fixed-rate at 5.29% with no fee at up to 75% LTV for remortgage.
There will also be a four-year fixed-rate at 4.49% with a £995 fee available up to 70% LTV for remortgage and homebuyer.
In addition, AfI has reduced the fee on its 4.74% two-year tracker at 85% LTV by £500 to £495.
Ricky Okey, managing director at AfI, said: “Our latest rate reductions mean that intermediaries can now offer their clients an even more competitive range of four-year fixes, ideal for borrowers looking for the peace of mind provided by a longer term fix.”
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