New Alliance & Leicester Two-year Base Rate Tracker launched

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www.moneynews.co.uk > Mortgages > New Alliance & Leicester Two-year Base Rate Tracker launched

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New Alliance & Leicester Two-year Base Rate Tracker launched

A new Alliance & Leicester Two-year Base Rate Tracker mortgage has officially become available today as a new range of mortgages was unveiled.

Customers of the new Alliance & Leicester Two-year Base Rate Tracker mortgage can borrow up to 95 per cent of a property's value at a rate which tracks the Bank of England base rate for two years.

The new mortgage product has fully flexible features and maximum loans of £250,000 can be taken up.

Stephen Leonard, director of mortgages at Alliance & Leicester, said: "Trackers will suit those who have a degree of flexibility in their budgets and can benefit from any cuts in interest rates as well as cover any increases."

Alliance & Leicester Two-year Base Rate Tracker mortgage is one of a number of products offered by the company who also offer products for re-mortgagers and first-time buyers.

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