Alliance & Leicester withdraw two year tracker product

Alliance & Leicester announces it will withdraw its 5.98% Two Year Base Rate Tracker product with a £999 product fee from the close of business on Tuesday 26 August 2008.

The withdrawal is in anticipation of the launch of a new range of products next week.

The bank has communicated this decision to all Intermediary partners in the usual manner and timeframe, ensuring they have time to process current applications.