Alliance & Leicester is relaunching some of its fixed rate mortgages and its near prime trackers.
A&Ls buy-to-let two-year Bank of England base rate tracker is now at 5.00%, with a maximum LTV of 75%, and arrangement fee of 999.
This product carries an early redemption charge of 6% until March 2008, and 5% thereafter.
The self-cert two-year base rate tracker has been amended to be at 5.04%, with a maximum LTV of 85%, and arrangement fees of 999.
This carries an ERC of 5%.
Its near prime, two-year fixed rate is now at 6.09%, with a maximum LTV of 80%, and arrangement fees of 799.
The self-cert near-prime two-year base rate tracker is at 5.99%, with a maximum LTV of 80%, and arrangement fees of 799.
Mehrdad Yousefi, head of intermediary mortgages at A&L, says: Our first re-price of the new year offers a range of market-leading fixed rate and base rate tracker specialist deals.
“Our mortgages come with a fixed arrangement fee and either a low headline rate or low up-front costs that offers great choice and value for money.
“We also continue to offer our 100 bonus proc fee to all applications.