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Pink launches two-year fixed rate with Abbey

Pink Home Loans has launched a two-year fixed rate remortgage deal at 3.59% with Abbey for Intermediaries.

The product is available up to 60% LTV with a booking fee of £1,995 but no higher lending charge.

It includes a free valuation for properties up to £2.5m and either £250 cashback for home buyers or standard legal fees paid for remortgage customers.

Neil Hoare, sales and marketing director at Pink, says: “We are delighted that once again AfI has supported us and our customers with this product, ideal for those wishing to remortgage.”

Adrian Whittaker, key accounts director at AfI, says: “Abbey are keen to support brokers in this challenging market and are pleased to offer Pink and their customers access to this fixed-rate remortgage product.”


Call for FSA to oversee second charge loans

The Association of Finance Brokers has called on the Treasury and the Department for Business, Enterprise and Regulatory Reform to pass responsibility for the regulation of second and subsequent charge loans to the Financial Services Authority.


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