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Alliance & Leicester – Two-Year Base Rate Tracker

Alliance & Leicester

Two-Year Base Rate Tracker

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 0.89% above the Bank of England base rate

Payable rate: 5.89%

Minimum loan: £15,000 in England and Northern Ireland, £10,000 in Scotland & Wales

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

Arrangement fee: 2% of the original loan

Redemption fee: None

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563

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