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Alliance & Leicester – Five-Year Fixed Fee Saver

Alliance & Leicester

Five-Year Fixed Fee Saver

Type: Fixed rate mortgage

Fixed term: Until June 30, 2013

Fixed rate: 6.59%

Minimum loan: £15,000 in England and Northern Ireland, £10,000 in Scotland & Wales

Maximum loan: Up to 90% of valuation subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free valuation, £200 cashback or mortgage transfers service for remortgages

Arrangement fee: None

Redemption fee: 3% of the amount repaid in the first five years

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563


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