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Alliance & Leicester – Two Year Base Rate Tracker Fee Saver

Alliance & Leicester

Two Year Base Rate Tracker Fee Saver

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 0.39% above Bank of England base rate

Minimum loan: 25,000

Maximum loan: Up to 95% of valuation subject to a maximum of 250,000, up to 90% of valuation subject to a maximum of 500,000, up to 80% of valuation subject to a maximum of 1m

Income multiples: Based on affordability

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

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

Arrangement fee: None

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

Introducers fee: Subject to negotiation

Tel: 0870 0100657

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