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Alliance & Leicester – Three Year Flexible Tracker

Alliance & Leicester – Three Year Flexible Tracker

Type: Flexible tracker mortgage

Tracker term: Three years

Tracker rate: 2.29% above the Bank of England base rate

Payable rate: 2.79%

Minimum loan: £25,000

Maximum loan: Up to 70% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Conditions: Free basic valuation, mortgage transfer service or £200 cashback for remortgages

Arrangement fee: £995

Redemption fee: 2% of amount repaid in the first three years only if mortgage is repaid in full

Tel: 0844 800 9999

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