View more on these topics

Alliance & Leicester – Medium Adverse Self-Certified Two Year Base Rate Tracker

Alliance & Leicester

Medium Adverse Self-Certified Two Year Base Rate Tracker

Type: Self-cert tracker mortgage

Tracker term: Until March 31, 2009

Tracker rate: 1.64% above Bank of England base rate

Payable rate: 6.64%

Minimum loan: £26,000

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

Income multiples: Based on affordability

Conditions: Up to £5,000 in CCJs, maximum 2 month’s arrears in last 12 months, bankruptcy acceptable if discharged for at least one year, IVA acceptable if satisfied for at least one year, no repossessions in the last six months

Arrangement fee: £799

Redemption fee: 6% of mortgage balance in year one, 5% in year two

Introducer’s fee: Subject to negotiation

Tel: 0870 0100657

Recommended

The chief exec stakes

Paul McMillan assesses the odds on some of the FSA contenders.

Fears over financial apathy raised by Picture

A new report launched today by secured loan provider Picture Financial has revealed that financial apathy is leaving consumers at risk, as they shy away from money management.It says that despite over 78 per cent of people feeling comfortable with their levels of credit, one in three are still unaware of how much they are […]

Dial up for commercial property

Seven Dials Financial has launched its first fund, a fund of institutional European commercial property funds.

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com