Special mortgage deals available from
Alliance & Leicester
The Alliance & Leicester firm have
started to change their mortgage deals to attract more new customers.
On Tuesday 6th February the new mortgage
will be available for new customers and will have the following
- Across different deals the headline
rates will be reduced
- Buy-to-let rental cover of 100% needed by Alliance & Leicester
on certain items
- Buy-to-let and Self-certified mortgages now available at only
Close to the main areas buy-to-let mortgages now available at
only 85% LTV
Fixed rate items and market
Buy-to-let – 5.18% 2year Fixed
Rate, max LTV 75%, 1,999 pounds for arrangement fee, rental cover
up to 100% required. The ERC will be 6% until 31/03/2008 then
decrease to 5% until 31/03/2009.
Self-Certified – 5.84% 2year Fixed Rate, LTV max 90%, 1,300
pounds for arrangement fee. ERC 6% - 31/03/2009.
Near Prime – 5.84% Fixed Rate,
LTV max 80%, 999 pounds for arrangement fee. People who remortgage
gain 250 pounds cashback. Free valuation, ERC 6% 31/03/2009.
“We’ve made significant
improvements to our specialist mortgage range today. Not only
have we sharpened up our rates but we now offer a rental income
of just 100% on some of our buy-to-let deals. We now also offer
some self-certification and buy to let deals at 90% LTV, which
makes our range even more accessible. These changes result from
broker feedback and they further strengthen Alliance & Leicester’s
proposition to them and their clients.” Head of intermediary
Mortgages, Mehrdad Yousefi at Alliance & Leicester comments.
Free Mortgage Enquiry