Alliance & Leicester has announced a new range of prime mortgages, which are available from today.
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 fixed at 5.34% for two years followed by a year at 0.74% above the base rate for a fee of £999.
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