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Product category: Mortgages / Housing
News Release from: Alliance & Leicester | Subject: Mortgages
Edited by the Insidemoneytalk Editorial Team on 14 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 will be available via brokers, branches and Mortgage Direct from Friday 11 April 2008.

The range includes: Two Year Fixed Rate - 5.74%: 5.74% fixed until 30 June 2010, then Standard Variable Rate Customers can borrow up to 90% of the property value

2% product arrangement fee.

Maximum loan £1 million.

10% overpayment facility.

Fixed Rate Fee Savers - 6.59%: Two Year Fixed until 30 June 2010, then Standard Variable Rate.

Three Year Fixed until 30 June 2011, then Standard Variable Rate.

Five Year Fixed until 30 June 2013, then Standard Variable Rate.

Customers can borrow up to 90% of the property value.

No product fee.

Maximum loan - £1 million.

10% overpayment facility .

Free valuation[1] £200 cash back or Mortgage Transfer Service[2] for remortgage customers.

Richard Taylor, Head of Mortgages at Alliance and Leicester comments: "Our new range of Prime and Buy to Let mortgages is available from Friday 11 April.

These deals are available to both new and existing customers." 1.

Free valuation - refunded upon completion.

2.

Mortgage Transfer Service - offers convenience for customers, speeds up the remortgage process and helps to remove or lower the associated legal costs.

Alliance & Leicester: contact details and other news
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