Alliance & Leicester launches new mortgage deals

04 July 2005
Alliance & Leicester has unveiled a new range of mortgages, which are available immediately.

Featuring both fixed rate and base rate tracker deals, the new mortgages feature re-priced highly competitive rates and cashback for remortgage customers.

Some of the outstanding features of the two year fixed rate deal are rates of 5.5 per cent APR, fixed until August 31st 2007, and availability of 95 per cent loan to value (LTV).

Customers can also take advantage of 95 per cent LTV on the five year fixed rate deal, along with rates of 5.3 per cent APR.

Those who want to opt for a flexible tracker deal can try the new two year base rate tracker FeeSaver deal, with the Bank of England base rate plus 0.19 per cent for two years.

"Alliance & Leicester has once again benefited from buying money at lower rates on the money markets and is able to pass these onto our customers with lower interest rates on our latest mortgages," said Stephen Leonard, director of mortgages at Alliance & Leicester.

Click here to compare the best mortgage deals.

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