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AfI launches two new 60% LTV remortgage loans

Abbey for Intermediaries is to launch two new mortgages aimed at remortgage customers.

The products, to be launched tomorrow, are a two-year tracker at 2.29 per cent and a two-year fix at 2.99 per cent. Both mortgages are at 60 per cent loan-to-value and come with a £995 fee.

The two-year fix has a completion deadline of January 31, 2011.

AfI is also reducing its rates by up to 0.18 per cent on a selection of its fixed and tracker rate products.

Key accounts director Adrian Whittaker says: “Our new 60 per cent deals offer customers looking to remortgage very competitive rates – but, for the fixed rate option, they need to move fast in order to meet the 31 January completion deadline.”

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