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Alliance & Leicester – Four Year Fixed Rate Feesaver

Alliance & Leicester

Four Year Fixed Rate Feesaver

Type: Fixed-rate mortgage

Fixed term: Until August 31, 2013

Fixed rate: 4.89%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

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

Arrangement fee: None

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

Introducer’s fee: Subject to negotiation

Tel: 0844 800 9999

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