View more on these topics

Alliance & Leicester – Two-Year Base Rate Tracker 5.79%

Alliance & Leicester

Two-Year Base Rate Tracker 5.79%

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 0.04% above the Bank of England base rate

Payable rate: 5.79%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000, up to 90% subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £999,999

Income multiples: Based on affordability

Conditions: free valuation, free mortgage transfer service or £250 cashback for remortages

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

Arrangement fee: £599

Redemption fee: 3% of the mortgage balance in the first two years if mortgage is fully redeemed

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563

Recommended

The fault lines that led

John Bruce, a senior solicitor at City law firm Reynolds Porter Chamberlain, looks at the chain of events that led from the US sub-prime crisis to lines of anxious savers queuing outside Northern Rock branches this month

Counting the cars

First State is a name known to many investors as a leader in Asian and emerging markets but what is less known about this Australian fund management company is that they have expertise in many diverse areas including resources, property and infrastructure.Infrastructure is a new area for specific investment, although it has been a sector […]

Don’t drop your Hs

The first of two articles spells out the recent changes to the IHT reporting regime for lifetime transfers

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment