Alliance & Leicester top for fixed rate mortgage deals

08 June 2005
Two deals from Alliance & Leicester have been chosen as deals of the week for both short and long-term fixed rate mortgages by an independent broker.

Mortgage Talk has chosen Alliance & Leicester's short-term fixed rate mortgage, which offers rates of 4.64 per cent until August 31st 2007, and its long-term fixed rate deal, at 4.84 per cent until August 31st 2010.

Both deals carry an early repayment charge if you repay all or part of the mortgage during the fixed rate period, along with a valuation fee of £280 and an arrangement fee of £395.

For a short-term discount mortgage deal, Mortgage Talk chose the Norwich & Peterborough variable rate two year discounted scheme at a current interest rate of 3.8 per cent.

The broker recommends Lambeth Building Society's variable rate discounted scheme for a long-term discount mortgage, and the Scarborough Building Society's cashback fixed rate mortgage.

Mortgage Express and the Clydesdale Building Society are Mortgage Talk's providers of choice for buy-to-let and remortgage deals respectively, whilst Abbey is top for a tracker deal.

Click here to compare the best mortgage deals around.

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