Alliance & Leicester unveils specialist mortgage deals

Alliance & Leicester has unveiled its latest range of prime self-certified, near prime and near prime Buy-To-Let mortgage deals.

They include:

Self-Certified – 2 year fixed rate 5.69%, maximum LTV 85%, arrangement fee £1,999. ERC 6% until 31/08/09

Near Prime – 2 year fixed rate 5.69%, maximum LTV 80%, arrangement fee £1,999. ERC 6% until 31/08/09

Near Prime Buy-to-Let – 2 year fixed rate 5.84%, maximum LTV 75%, arrangement fee £1,999. 110% rental cover required at BBR + 1%. ERC 6% until 31/08/09

Jeremy Claridge, Head of Specialist Mortgages at Alliance & Leicester, says: “Our latest range continues to offer real value for money and choice to those borrowers who need to either self-certify or credit repair. We have market-leading 2 year self-certified fixed rates from just 5.69% and competitive 2 year near prime and near prime fixed rates starting at 5.69% and 5.84%. We’ve also extended the product benefit period by two months across the range to now end on 31 August 2009. These mortgages, along with the rest of the range, offer great choice and value to both brokers and borrowers.”