A&L launches fixed rates from 3.49%

Natalie Holt
07-Jan-2009
Alliance & Leicester has come out with a new mortgage range with rates from 3.49%.
The 3.49% rate is available for two-year fixes with a 2% fee and is offered up to 60% LTV.

Other products include a three-year fixed rate deal at 4.99% and a five-year fixed rate product at 5.29%.

Both deals are available at up to 75% LTV and carry a £599 fee.

Richard Taylor, head of mortgage products at A&L, says: “We have moved into the new year with a great set of deals, six of which are under 4%.

“Our mortgage portfolio is expanding and demonstrates that we are looking for new business in 2009.”