Alliance & Leicester mortgage deals launched
www.moneynews.co.uk > Mortgages > Alliance & Leicester mortgage deals launched
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Money News |
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Alliance & Leicester mortgage deals launched
Thu 1st Jun 2006
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The new Alliance & Leicester mortgages offer a two-year base rate tracker for remortgagers with the intermediary special while the five-year discount mortgage has been described as being fully flexible.
Remortgagers can borrow 95 per cent of the total value of a property, at 0.01 per cent below the Bank of England base rate for two years with the new base rate tracker and free valuation is included in the package.
With the five-year discount mortgage the offer is a 1.8 per cent discount on Alliance & Leicester's standard variable rate for five years, the fully flexible features allow borrowers to make overpayments and then borrow money back later.
Mehrdad Yousefi, head of intermediary mortgages, said: "We are introducing a special two year base rate tracker re-mortgage; this deal offers a highly competitive tracker rate. We're also continuing to buck the trend by cutting the product fee on our five-year discount deal."
The new Alliance & Leicester mortgage deals are part of a range of mortgage deals available to property investors who might also consider lending under a fixed rate agreement.
Related News : Mortgages |
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Related News : Alliance & Leicester |
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