A&L launch specialist products

Alliance & Leicester is amending its current range of specialist mortgages, including its tracker and fixed rate products.

A&L are offering a buy-to-Let with two-year fixed rate of 5.29%, a maximum LTV of 75%, and free valuation. Remortgagers also receive £250 cashback. It is also offering a buy-to-Let, two-year Base Rate tracker at 4.90% and a maximum LTV of 75%.

The new self- cert has a two-year fixed-rate at 5.25%, maximum LTV of 85%, and free valuation. Remortgagers also receive £250 cashback. The near-prime has a two-year fixed-rate of 5.90%, a maximum LTV of 80%, and free valuation also.

Mehrdad Yousefi, head of intermediary mortgages at A&L, says: “Our comprehensive specialist product range offers great value and choice to brokers and their clients. We’ve maintained our tracker deals and our fixed rates have only increased marginally to reflect swap rate changes.”