Mortgage Intelligence launches two-year deal fixed at 4.19%

Mortgage Intelligence is rolling out a two-year fixed rate deal funded by Abbey for Intermediaries available at 4.19%.

This product is available to 60% LTV or £550,000 and a total booking fee of £995.

There is an early redemption charge of 3% but no higher lending charge.

Sally Laker, managing director of Mortgage Intelligence, says:
“We are delighted to pass on rate reductions directly to our members with this new semi-exclusive.

“Our previous two-year fixed deal with Abbey was extremely popular and we expect the 4.19% rate will prove even more so. To be one of a limited number of distribution channels for this product is fantastic and we look forward to continuing to work with Abbey to deliver market leading rates for our members.”

Adrian Whittaker, key accounts director at AfI, adds: “Exclusive broker products need to be kept under continual review in order to maintain a competitive advantage for mortgage brokers.

“With this in mind we are pleased to be able to continue to offer these fixed rate products as a sign of our commitment to the broker market.”