Alliance & Leicester is amending its current range of specialist mortgages from tomorrow.
Its new range will include a two-year fixed rate buy-to-let at 5.29 per cent and a base-rate tracker at 0.15 per cent above base.
There is also a self-cert, two-year fix at 5.25 per cent and a two-year near-prime fix at 5.90 per cent.
A&L head of intermediary mortgages Mehrdad Yousefi says “Our comprehensive specialist product range offers great value and choice to brokers and their clients. We’ve maintained our tracker deals and our fixed rates have only increased marginally to reflect swap rate changes.
“Our rates are still highly competitive with some great extras such as remortgage freebies on fixed rate deals, a buy-to-let rental cover of 115 per cent at product pay rate on three-year fixed and three-year tracker products and offering a £100 bonus proc fee for all applications that go on to completion.”