Alliance & Leicester
Type: Fixed rate mortgage for the buy-to-let market.
Fixed term: Until October 1, 2003.
Fixed rate: 7.99 per cent.
Minimum loan: £20,000.
Maximum loan: Up to 75 per cent of valuation.
Income multiples: Three times principal income plus second or 2.75 times joint.
Arrangement fee: 0.5 per cent of loan up to a maximum of £300.
Redemption fee: Six months' gross interest until October 1, 2003.
Introducer's fee: £100.
Tel: 0345 108108.