New specialist mortgage deals from Alliance and Leicester

Edited by the Insidemoneytalk editorial team Apr 16, 2007

Rates from just 5.09% New 85% LTV 2 year buy-to-let tracker deal

Alliance and Leicester is enhancing its range of specialist mortgages.

The new range is available from Friday 13 April and includes: Buy-to-Let - 2 year Base Rate Tracker 5.09% (BBR - 0.16%), maximum LTV 85%, arrangement fee £1,999.

100% rental cover required at BBR + 1%.

ERC 6% until 30/06/2009.

Buy-to-Let - 2 year Fixed Rate 5.39%, maximum LTV 75%.

Arrangement fee £1,999.

100% rental cover required at BBR + 1%.

ERC 6% until 30/06/2009.

Self Certified - 2 year Base Rate Tracker 5.15% (BBR - 0.10%), maximum LTV 85%, arrangement fee £1,399.

ERC 6% until 30/06/2008 then 5% until 30/06/2009.

Near Prime - 2 year Fixed Rate 5.99%, maximum LTV 80%, arrangement fee - £999.

Free valuation and £250 cashback.

ERC 6% until 30/06/2009.

Jeremy Claridge, Head of Specialist Mortgages at Alliance and Leicester says: "Our latest range is extremely competitive with rates starting at just 5.09%".

"We've introduced some new lower priced buy-to-let and self cert products with fixed arrangement fees giving brokers even more choice! Following broker feedback we have also extended our popular FeeSaver3 deals - with minimal up-front costs - into the prime self cert marketplace giving borrowers a real value for money option when it comes to buying a home or remortgaging.".