Abbey for Intermediaries (AFI) has reported a 33% increase in business since the launch of its new range just over a week ago.
It says this growth has been driven by strong demand for its two-year fix at 2.79% for all Key Accounts. It is an intermediary channel exclusive and is available to over 95% of the intermediary market, AFI says.
The product comes with a £995 fee and is available to both homebuyers and remortgagers up to 60% LTV. It has a maximum loan size of £1 million.
“We are delighted to see such strong demand from our intermediary partners for our fantastic new fixed and tracker deals,” said Miguel Sard (pictured), managing director of Abbey for Intermediaries.
“In particular, our all Key Account exclusive has been extremely popular with both homebuyers and remortgagers looking for a market leading rate in today’s challenging economic conditions.
“With an average time to offer across our range of just 10 days, intermediaries and their clients are also benefiting from great service when placing residential and buy-to-let cases with us.”