Abbey and A&L launch broker exclusives

Natalie Martin

Abbey for Intermediaries and Alliance & Leicester Intermediary Sales have reduced their four-year fixed rates by 0.10% and launched two new broker exclusives.

Abbey is reducing the rates on some of its four-year fixed rate products by 0.10%. 

New rates include a 4.99%, 70% LTV Homebuyer product with a booking fee of £995 and a 4.99%, 70% LTV remortgage product with a booking fee of £995.

AfI is also launching some new key account exclusive products. A two-year fixed rate Homebuyer product at 4.09%, 70% LTV with a booking fee of £995 and maximum loan size of £1m.

As well as a two-year fixed rate remortgage product at 4.09% with a 70% LTV and a booking fee of £995 and maximum loan size of £1m.

Alliance & Leicester is also reducing the rates on some of its four-year fixed rate products.  The new rates include a 4.99%, 70% LTV Homebuyer product with a booking fee of £995 and a 4.99%, 70% LTV remortgage product with a booking fee of £995.

Ricky Okey, managing director of Abbey for Intermediaries and Alliance and Leicester Intermediaries Sales, says: “We continue to offer a highly competitive range of mortgages to meet borrowers’ needs and with so many great fixed rates available through our intermediary channels, now is a good time to encourage clients to lock into a low rate and benefit from the security of a fixed rate mortgage.

”To add a little more weight to the intermediary range we have also launched new exclusive products aimed at giving brokers more commercial support in the short-term fixed rate mortgage market.”

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