Alliance & Leicester has reduced interest rates on all but one of its mortgage products by at least 0.1%.
All new offers will be available in branch, by telephone and through intermediaries from today. Alliance & Leicester has also launched a new mortgage, a two-year fee-free tracker, currently priced at 6.99%, which can lend up to 85% LTV and offers £200 cashback for remortgage customers. Richard Taylor, head of mortgage products at the lender, says: “We are reducing the majority of the rates across our mortgage portfolio, which is great news for people looking for a new deal. “These new mortgage products are available to both new and existing customers, with a number of options to choose ...
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