Alliance and Leicester launch new mortgage deals today
From today Alliance and Leicester will be offering new mortgage products via it’s branches and call centres and also through mortgage brokers. You will be able to choose from fixed rate mortgages, no fee mortgages and tracker mortgages
- tracking the Bank of England base rate.
Alliance and Leicester’s new mortgage offers;
Two Year Base Rate Tracker - 5.89%
- 5.89% (BBR +0.89%), then Base Rate +1.49%
- Customers can borrow up to 75% of the property value
- 2% product arrangement fee
- Maximum loan - £1 million
- No early repayment charge
Two Year Fixed Rate - 6.14%
- 6.14% fixed until 31 August 2010, then Standard Variable Rate
- Customers can borrow up to 75% of the property value
- 2% product arrangement fee
- Maximum loan - £1 million
- 10% overpayment facility
Five Year Fixed Rate - 7.14%
- 7.14% fixed until 31 August 2013, then Standard Variable Rate
- Customers can borrow up to 90% of the property value
- £599 product arrangement fee
- Maximum loan - £1 million
- 10% overpayment facility
>>Click here to compare mortgages, fixed rates, tracker mortgages and no fee mortgages