Product category:
Mortgages / Housing
News Release from: Alliance & Leicester | Subject: Mortgages
Edited by the Insidemoneytalk Editorial
Team on 10 April 2008
New mortgage deals from Alliance and
Leicester
Alliance and Leicester is launching a new range of residential and Buy to Let products, which are available from Tuesday 8 April 2008. The range includes:
Two Year Fixed Rate - 5.84%: 5.84% fixed until 30 June 2010, then Standard Variable Rate Customers can borrow up to 90% of the property value
Arrangement fee - £999.
Maximum loan £250,000.
10% overpayment facility.
Buy to Let Two Year Fixed Rate - 5.54%: 5.54% fixed until 30 June 2010, then Bank Base Rate +2.14%.
Customers can borrow up to 85% of the property value.
Arrangement fee - 2.5%.
Maximum loan - £500,000.
10% overpayment facility.
Richard Taylor, Head of Mortgages at Alliance and Leicester comments: "This new range of mortgage products continue to present a good choice of residential and Buy to Let products with customers being offered a choice of rates, product fees and the term they would like their mortgage to run.".
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