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AA opens mortgages to all in direct-only market

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  • 02/06/2017
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AA opens mortgages to all in direct-only market
AA Mortgages has launched a new range of mortgages, including fee-free five-year fixed rate deals.

The deals are backed by Bank of Ireland, as is the case with the AA’s other financial services.

The products include a five-year fixed rate at 3.99% with no fee for borrowers with a 5% deposit, and a two-year fixed rate at 2.38% with no fee for borrowers with a 10% deposit.

The deals were previously exclusively available to AA members only, but are now open to all applicants.

Michael Johnson, director of financial services at the AA, said: “The AA is here to help and we are now able to offer a selection of mortgages to suit a variety of buyer needs.

“This competitive range aims to make mortgages simple and straightforward, with options for an array of borrowers – whether it’s those wanting to take their first step onto the property ladder or those simply wanting a better deal by remortgaging.”

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