A&L launches broker exclusive remortgage products

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.”