Abbey and A&L launch new two-year deals

They will also reduce rates on some existing fixed rate products by as much as 0.30%.

The new AfI products include a 70% LTV two year tracker at 2.49% with a £995 fee and a 70% LTV two year fixed-rate deal at 3.44%, with a £995 fee.

AfI has also reduced its 75% LTV three year fixed (Homebuyer) at 4.75% with a £995 fee by 0.09%. Its 75% LTV five year fixed-rate deal (Homebuyer) at 5.44% with a £799 fee has been reduced by 0.05%.

As an AfI key account exclusive, it is offering a 70% LTV two year fixed-rate deal (Homebuyer Plus) at 3.69%, with a £995 fee. This is reduced by 0.30%

Alliance & Leicester Intermediary Sales will offer a 70% LTV, two year fixed-rate deal at 2.89% with a 2% fee and a 80% LTV, two year fixed-rate deal (Remortgage & Homebuyer) at 4.34%, with a 2% fee.

It will also offer a 80% LTV, two year fixed-rate (Remortgage & Homebuyer) at 4.84%, with a £1,495 fee. The other deals are a 80% LTV, two year fixed-rate (Remortgage & Homebuyer) 5.04%, with a £495 fee and a 70% LTV, two year tracker 1.84%, with a 2% fee.

Ricky Okey, managing director at Abbey for Intermediaries said: "There have been a number of changes and additions within the range, all of which aimed at giving intermediaries access to market leading fixed and tracker rates across a range of loan-to-values."