Abbey for Intermediaries cuts rates again

Miguel Sard, managing director of Abbey for Intermediaries, said: “Two-year fixed rate deals remain very popular with intermediaries and their clients and we are pleased to enhance our range with further rate cuts.

“These products come with the additional benefit of the Homebuyer or Remortgage Solution, and with our Key Account exclusive available to more than 95 per cent of the intermediary market, we expect there to be strong demand for these great deals.”

It’s 2-year fix at 60% LTV for all key accounts is now 2.69% with a £995 fee, available to both homebuyers and remortgagers.

Its 2-year fix at 70% LTV for homebuyers and remortgagers is now 2.89% with a £995 fee.

Both products come with either the Homebuyer or Remortgage Solution respectively. The Homebuyer Solution offers borrowers 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.