Product category:
Banking / credit / debt
News Release from: Alliance & Leicester | Subject: Banking
Edited by the Insidemoneytalk Editorial
Team on 24 September 2007
Revised mortgage deals from Alliance and
Leicester
Alliance and Leicester is updating its variable rate mortgages from Friday, 21 September 2007.
The new offers include:Two year Base Rate Tracker 5.79% (BBR +0.04%)(previously 5.59%) Customers can borrow up to 95% of the property value Product fee - £599 Early repayment charges apply for first two years Full flexible features1 Maximum loan £999,999 Two year Base Rate Tracker 5.54% (BBR -0.21%)(previously 5.44%) Customers can borrow up to 95% of the property value Product fee - £1,499 Early repayment charges apply for first two years Full flexible features Maximum loan ?500,000 Two year FeeSaver Tracker 6.09% (BBR +0.34%)(previously 5.99%) Customers can borrow up to 95% of the property value No product fee Early repayment charges apply for first two years Full flexible features Free valuation Remortgage cusomers get £250 Cashback or free Mortgage Transfer Service3 Maximum loan ?999,999 Richard Taylor, Head of Mortgage Products at Alliance and Leicester, said: "We are keeping our competitive fixed rate deals, but in line with the market our variable rates have been raised by a modest amount "Our portfolio of mortgages continues to offer customers a wide range of choice to ensure they benefit from the best possible deal that suits their needs
This article was originally published on Insidemoneytalk on 23 Feb 2007 at 8.00am (UK)
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Alliance and Leicester's FeeSaver option also continues to be a very popular choice for first time buyers and remortgage customers, who do not want any up-front fees." Alliance and Leicester mortgages are available from brokers, or from Mortgage Direct on 0845 303 3000, online at www.alliance-leicester.co.uk or via the bank's network of branches.
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