Network Data launches two-year trackers

The products are available on a fully flexible basis or annual interest:

Fully Flexible

- 5.09% for 2 years, then BOE Base Rate +1% for term

- Interest calculated monthly

Annual Interest

- 4.94% for 2 years, then BOE Base Rate +1% for term

- Interested calculated annually

Both options offer the following features:

- No early redemption charge at any time

- Refund of basic mortgage valuation fee

- £250 Cashback or choose from free legals for remortgages

Network Data Ltd will pay an enhanced procuration fee of 0.30% for all applications received that subsequently complete.

George Fleming, Network Data’s Lending Partnerships Manager, said: “We are extremely pleased to be launching these competitive products with Alliance & Leicester and we will continue enhance our product proposition for our Appointed Representatives and Directly Authorised brokers.“