4.69 per cent with no fee and up to £550,000 with the remortgage solution (free valuation and either Mortgage Transfer Service or £200 cashback)
4.69 per cent with no fee and up to £550,000 with the homebuyer solution (free valuation)
4.79 per cent with no fee and up to £550,000 with the remortgage solution (free valuation and either Mortgage Transfer Service or £200 cashback)
4.79 per cent with no fee and up to £550,000 with the homebuyer solution (free valuation)
In addition to no fees, for remortgagers, Alliance & Leicester also offers a Mortgage Transfer Service, which takes care of the legal administration work and costs when customers transfer their mortgage to us from another lender. This means there is no need to appoint a solicitor, making the process as hassle-free as possible. All the borrower has to do is check, sign, and then return the documents.
Alliance & Leicester's fee-free range already includes a 2-year fix with a rate of 4.09 per cent and no fee, and a 5-year fix with a rate of 4.89 per cent and no fee, both of which are available up to 75 per cent LTV and come with the lender's homebuyer or remortgage solution. Both products are exclusive to customers who hold or take out a Premier current account and can be applied for in branch or by telephoning 0800 056 3254.
Nici Audhlam-Gardiner, Alliance & Leicester Mortgage Director, commented: "We are committed to helping homebuyers and those looking to remortgage and this latest range is further proof of that. There are very few fee-free deals available at the moment and especially not ones with market leading rates. In addition to savings on the fee, borrowers can save money with the free valuation and legal costs covered using our Mortgage Transfer Service, removing some of the additional costs associated in buying or moving home."