AFI launches 85pc LTV loyalty product

The product is a 3-year fixed rate at 4.09% with no fee. The product also comes with a free standard mortgage valuation and £250 cashback on completion.

AFI is also offering £500 off the fees on its other loyal mover products.

Miguel Sard, managing director of AFI, said: “We are delighted to enhance our loyal movers range with the launch of a highly competitive three-year fix with no fee, and reduced fees across the rest of the loyal movers range.

“Intermediaries continue to receive a full proc fee when their clients take a product from this exclusive range and we expect these latest deals to be well received.

“We are committed to supporting the intermediary market with highly competitive products, and these latest deals complement our great range of fixed, tracker and flexi products which are available to all homebuyers and remortgagers.”