Alliance & Leicester is withdrawing its entire range of PlusMortgage products, combining a mortgage and personal loan, from close of business today.
The move will not affect current PlusMortgage customers or pending applications. Stephen Leonard, director of mortgages at Alliance & Leicester, comments: “Alliance & Leicester is a prudent and responsible lender with PlusMortgage successfully targeting high quality applicants. “However, we keep our product range under constant review and given current market conditions, we will be withdrawing our PlusMortgage products at this time.” The bank is due to announce its full-year results tomorrow. If you would like to comment on this story, contact: John Bakie Tel: 020 7034 2682 e-ma...
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