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Alliance & Leicester – Two Year Remortgage Base Rate Tracker

Alliance & Leicester

Two Year Remortgage Base Rate Tracker

Type: Flexible tracker remortgage product

Tracker term: Two years

Tracker rate: 0.79% above the Bank of England base rate

Payable rate: 6.04%

Minimum loan: £15,000 in England and Northern Ireland, £10,000 in Scotland & Wales

Maximum loan: Up to 90% of valuation subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £1m
Income multiples: Based on affordability

Conditions: Free valuation, £200 cashback or mortgage transfer service

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

Arrangement fee: 2% of the original loan

Redemption fee: None

Introducer’s fee: Subject to negotiation

Tel: 0845 300 2563

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