AfI launches new tracker

The three year tracker is available to all customers at a rate of 3.21%; 75% LTV and no fee.

And for existing mortgage customers looking to move property, Abbey for Intermediaries (AfI) is rewarding their loyalty and increasing the LTV from 75 to 80% on its two year fixed and two year tracker Loyal Mover products meaning that more of its customers could qualify for these great deals.

Both products have no arrangement fee and are available at 3.99% for the fixed and 2.99% for the tracker.

AfI is also launching a new 3.09%, 70% LTV Homebuyer product with a £995 fee for existing customers moving home.

Phil Cliff, mortgage director for Santander said: “Brokers can offer their customers a great opportunity to get their finances into pole position and our Grand Prix Podium Special with its competitive rate of 3.21% and no fee will certainly help keep them on track.

“As always, we are keen to reward existing customers where possible. Our new two-year fixed gives existing mortgage customers an extremely competitive deal while we’ve increased the LTV to 80% on both the two-year fixed and two-year tracker to help those borrowers with smaller deposits.”

In addition, Abbey for Intermediaries is giving away a signed Vodafone McLaren Mercedes team shirt signed by Lewis Hamilton and Jenson Button.

Intermediaries can enter the prize online at www.abbeyforintermediaries.com between Monday 5th July and Friday 23rd July. The winner will be the first picked at random from the correctly answered requests on Wednesday 28th July 2010.