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AfI launches tracker mortgages

by: Mortgage Solutions
  • 03/03/2010
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Abbey for Intermediaries (AfI) will be launching a range of new two-year tracker mortgages at 70% and 80% LTV for homebuyers.

The new products include a two- year tracker mortgage at 70% LTV at 2.49% with a £1,495 fee and a two-year tracker mortgage at 70% LTV at 2.69% with a £495 fee.

There will also be a two-year tracker mortgage at 80% LTV for homebuyers at 3.94% with a £995 fee and a two-year tracker mortgage at 80% LTV remortgage at 3.94% with a £1,495 fee.

AfI has also reduced the rate on its 80% LTV, two-year fixed-rate homebuyer product by 0.04% to 4.95%.

It has made changes to key account exclusive range. There will now be a two-year fixed-rate mortgage at 70% LTV Homebuyer, which is down by 0.10% to 3.59% with a £995 fee. There will also be a two-year fixed-rate mortgage at 70% LTV Remortgage, which is down by 0.05% to 3.64% with a £995 fee

Ricky Okey, managing director at AfI, said: “At this time of year, with spring approaching, keeping an ongoing review of our product range is a key part of our strategy to support the broker community during what is traditionally a popular time of the year for home purchases”.

 

 

 

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