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New mortgage deals from A&L

9 May, 2008

Alliance & Leicester has launched a new range of mortgage products, which will be available via brokers, branches and its call centre from today.

The bank continues to offer a full prime residential portfolio to a maximum of 90% LTV, and has introduced lower rates for mortgages with a maximum LTV of 75%.

The new range includes a wide range of mortgage products with different features enabling customers to choose what term to fix over, whether to go for a no fee product, or to choose a product that tracks the Bank of England base rate. The range includes a two-year fixed rate of 5.99% if the borrower puts down a 25% deposit; or a two year tracker of BBR +0.89% on a 75% loan. A 2% product arrangement fee is payable on both.

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