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Alliance & Leicester – Two-Year Base Rate Tracker

Alliance & Leicester

Two-Year Base Rate Tracker

Tracker term: Two years

Tracker rate: 0.98% above the Bank of England base rate

Payable rate: 5.98%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

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

Arrangement fee: £999

Redemption fee: 3% of the original loan in first two years only if mortgage is repaid in full

Introducer’s fee: Subject to negotiation

Tel: 0844 8009999

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