A&L launches new mortgage range

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Alliance & Leicester is to launch a new range of mortgages available through brokers and at branches.

The lender is maintaining rates on its prime residential portfolio of loans up to 90% LTV but has made some rate cuts for those with a 25% deposit or more. New products include a two-year fixed rate at 5.99% with a 2% arrangement fee and a maximum loan of £1m. The range also includes a two-year base rate tracker, currently priced at 5.89%, which again features a 2% arrangement fee. It benefits from no early repayment charge and Alliance & Leicester’s full range of flexible features. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: John.Bakie@inc...

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