Abbey for Intermediaries (AFI) is also reminding intermediaries all DIPs need to be converted to a full mortgage application before 5 as the lender is closed to new applications thereafter.
From tomorrow, Abbey for Intermediaries plans to cut rates again on its two and three year fixed rates from between 0.03 to 0.06%.
For example, after the cut of 0.06, the two-year fix at 75 per cent LTV for homebuyers if offered at 3.47% with a fee of £1,495, with the Homebuyer Solution – a free basic valuation and £250 cash back.
Alan Mathewson, managing director of AFI, said: “We are pleased to be able to support both intermediaries and their clients with our latest rate cuts. These cuts support our ongoing commitment to offering a wide range of highly competitive fixed rate mortgages for both homebuyers and remortgagers alike, for borrowers looking for the peace of mind provided by a fixed rate.”
