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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: 0.16% below Bank of England base rate

Payable rate: 4.34%

Minimum loan: 25,000

Maximum loan: Up to 95% of valuation subject to a maximum of 250,000

Income multiples: Based on affordability

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

Arrangement fee: 499

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

Introducers fee: Subject to negotiation

Tel: 0870 0100657


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