Alliance & Leicester has updated its range of specialist mortgages with the new range available from today.
It includes a buy-to-let two-year tracker at base rate minus 0.16 per cent with a maximum loan-to-value of 85 per cent and a £1,999 arrangement fee.
There is a buy-to-Let two-year fix at 5.39 per cent with maximum 75 per cent LTV and same arrangement fee.
There is also a self-cert- two-year tracker as base minus 0.10 per cent and a near-prime two-year fix Rate at 5.99 per cent.
A&L head of specialist mortgages Jeremy Claridge says: “Our latest range is extremely competitive with rates starting at just 5.09 per cent. We’ve introduced some new lower priced buy-to-let and self cert products with fixed arrangement fees giving brokers even more choice.
“Following broker feedback we have also extended our popular FeeSaver3 deals – with minimal up-front costs – into the prime self cert marketplace giving borrowers a real value for money option when it comes to buying a home or remortgaging.”