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Alliance & Leicester Launches New Tracker Mortgage |
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(27th June 2008)
Alliance & Leicester has announced the launch of a new tracker mortgage described as "flexible" by the company's head of mortgage products.
The two-year base rate tracker offers a rate of 5.98 per cent is available with a 75 per cent loan to value rate.
It has a £999 product arrangement fee and the maximum the company will lend is £1 million.
Richard Taylor from Alliance & Leicester said that the new product shows the company's "commitment to the mortgage market".
"With both flexible features and a headline rate below six per cent, it represents a great deal for both new and existing customers - particularly as fixed rate pricing continues to rise across the market," he commented.
Meanwhile, new research from the firm has revealed that 3.25 million people are seeking to move house over the coming year.
Its survey also found that one in five homeowners admitted they will be looking to make improvements to their homes in the next 12 months to "increase saleability".
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News brought to you by Start Again Finance, specialists in bad credit mortgage advice, loans, credit cards, savings and insurance. |
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