deal launched by A&L
Alliance & Leicester have introduced
a new mortgage
It is a self-cert 2 year fixed rate mortgage at an APR of 5.34%.
It has a loan to value (LTV) of 85%, and a low arrangement fee
This deal by Alliance & Leicester also includes a self-cert
2 year fixed rate at 5.84%, an arrangement fee of £1,999
and a maximum loan to the value (LTV) of 90%.
The two products have a 6% early repayment charge which runs
until June 30th 2009.
Head at Alliance & Leicester, Jeremy Claridge, commented: “Yet
again, we’ve launched some market-leading specialist deals.
“We’ve also been doing a lot of work with brokers
to further improve our self-cert proposition to ensure we’re
clear on the information we require to service applications even
Mr claridge adds: “This demonstrates our ongoing commitment
to deliver great value and offer a wider choice of deals to those
borrowers who earn a significant amount of bonus/commission,
self-employed borrowers with this year’s accounts that
have yet to be made up, and those who earn income from multiple
sources or whose income is not regular.”
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