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Alliance & Leicester – Two-Year Base Rate Tracker

Alliance & Leicester

Two-Year Base Rate Tracker

Type: Flexible tracker mortgage

Tracker term; Two years

Tracker rate: 0.36% below Bank of England base rate

Payable rate: 4.39%

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, interest calculated daily, lump sum withdrawals

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

Arrangement fee: £499

Redemption fee: 3% of the original loan in first two years

Introducer’s fee: Subject to negotiation

Tel: 0870 0100657

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