A&L launches intermediary exclusive remortgage deals

Alliance & Leicester is announcing the launch of exclusive remortgage deals with three of its key intermediary partners which highlight the bank's commitment to the market and its desire to increase volume in 2009. The deals are as follows:

PMS will be offering an exclusive two year fixed rate remortgage deal at 3.69%. The product has a 1.5% arrangement fee and is available up to 60% LTV with a maximum loan of £1 million.

Legal & General will be offering an exclusive two year fixed rate remortgage deal at 3.89%. The product has a £1,499 fee and is available up to 60% LTV with a maximum loan of £250,000.

Openwork will be offering an exclusive two year fixed rate remortgage deal at 4.49%. The product has a £599 fee and is available up to 70% LTV with a maximum loan of £500,000.

These remortgage offers all come with the choice of £200 cashback or free legal fees as well as a refunded valuation fee.

Adrian Whittaker, Key Account Director at Abbey for Intermediaries and Alliance & Leicester comments: "These exclusive deals for three of our key intermediary partners demonstrate Alliance & Leicester's increased appetite for mortgage lending in 2009 and a clear commitment to the intermediary market. These products are sure to perform well in the market place and they complement the mortgage offers in our mainstream range."