Five new mortgage deal from Alliance and Leicester

Mortgage providers Alliance and Leicester have announced five new mortgage deals which include three fixed rate offers as well as a new base rate tracker remortgage package.

The fixed rate mortgages come with a loan to value of 90 per cent which is incredibly competetive in the current climate. Interest rates start as low as 5.35 per cent for the duration of the agreement.

For remortgaging, the base rate tracker starts with a rate of 6.04% before reverting to 0.99 per cent above the base rate.

Head of mortgages for Alliance and Leicester, Richard Taylor commented, "The introduction of these new products reinforces Alliance & Leicester's commitment to the mortgage market."