The five-year fix for homebuyers is available at 3.99% while the five-year remortgage deal is available at 4.09%. Both products are available up to 60% LTV and come with a £995 fee.
The home purchase option comes with a free standard mortgage valuation and £250 cashback on completion. The remortgage package also contains a free standard mortgage valuation, with either free legal services or £250 cashback also included.
Miguel Sard, managing director at Abbey for Intermediaries, said: “We are pleased to support intermediaries and their clients with the launch of these competitive five-year fixed rate deals.
“With many borrowers still opting for fixed rate deals because of the peace of mind they offer, these products are ideal for clients who want to lock into a great rate for the next five years.”
Elsewhere, AFI has also increased the LTV levels on a number of its other products up to 70%, these products include its:
• Two-year fix with a rate of 3.54 per cent and a £995 fee
• Two-year fix with a rate of 4.04 per cent and no fee
• Two-year fix for Loyal Movers with a rate of 3.94 per cent and no fee
• Three-year fix with a rate of 3.44 per cent and a 2.5% fee
• Three-year fix with a rate of 3.94 per cent and a £995 fee
