Mortgages  

Launch Pad: Mortgages

Miguel Sard, managing director of AfI, said: “The products are fee free and come with the benefit of our homebuyer or remortgage solution, helping to reduce upfront costs for those buying or remortgaging.”

Key features:

• Two-year fixed rate of 3.79 per cent, no fee, available up to 85 per cent LTV for homebuyers and remortgagers

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• Two-year fixed rate of 4.49 per cent, no fee, available up to 90 per cent LTV for first-time buyers only

• Homebuyer solution offers a free standard mortgage valuation and £250 cashback on completion

• Remortgage solution offers a free standard mortgage valuation with either free legals or £250 cashback on completion

IFA VERDICT:

Jane King, adviser for London-based Ash Ridge Asset Management

“These two products not only have competitive rates but the free valuation and cashback, especially for purchasers, make them market-leading deals. I have been recommending Abbey’s high LTV mortgages for some time and with these rates I will continue to do so.”