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Alliance & Leicester – Two-Year Fixed Rate

Alliance & Leicester

Two-Year Fixed Rate

Type: Fixed-rate mortgage

Fixed term: Until July 31, 2010

Fixed rate: 5.99%

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

Conditions: Capital repayments of up to 10% a year allowed without penalty

Arrangement fee: 2% of the original loan

Redemption fee: 3% of the amount repaid until July 31, 2010

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563

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