Abbey extends key account exclusives

Products will be available to Openwork, Connells, Paradigm and Legal and General members.

Key account partners already eligible to access these products are members of Intrinsic, Tenet, Sesame Bankhall Group including PMS’ directly authorised intermediaries, Countrywide, Simply Biz including Simply Biz Club’s directly authorised intermediaries, LSL Group and London & Country.

The products are available to both homebuyers and remortgagers up to 60% LTV as follows:

o Three-year fix with a rate of 2.99 per cent and a £1,495 fee

o Five-year fix with a rate of 3.49 per cent and a £1,495 fee

The products come with the Homebuyer or Remortgage Solution respectively. The Homebuyer Solution offers borrowers the added benefits of a free standard mortgage valuation and £250 cashback on completion while the Remortgage Solution offers a free standard mortgage valuation and either free legals or £250 cashback on completion.

The fees can be added to the loan and the maximum loan size on all products is £550,000.

IKey Accounts will now also be able to access AFI’s 2-year homebuyer and remortgage fix at 3.29% which is available up to 70% LTV with a £995 fee to all of the above key account partners.

Miguel Sard, managing director of Abbey for Intermediaries, said: “We are delighted to make these fantastic deals available to even more of our key account partners and their clients. We’ve seen strong demand for these fixed rate products since their launch and we are pleased to support the intermediary market by increasing their availability even further.”