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Alliance & Leicester – Three Year Fixed Rate

Alliance & Leicester

Three Year Fixed Rate

Type: Fixed rate mortgage

Fixed term: Until April 30, 2011

Fixed rate: 5.34%

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

Arrangement fee: 2% of the original loan

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

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563

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