A&L launches new mortgage range

Alliance & Leicester have launched three products today, all of which allow customer to borrow up to 95% of their property’s value. The 2-year discount deal, available for loans up to £250,000, offers a two year rate at 2.34% below the Standard Variable rate for a completion fee of £599. Moving up the scale, the 2-year base rate tracker deal is available for loans of up to £500,000 and offers a fixed rate of 5.44% for two years followed by a tracker at 0.99% above the base rate for a fee of £1,499. Lastly, the Low Start 2-year fixed rate mortgage can lend as much as £999,999 and is fix...