Alliance & Leicester launches new mortgage deals by Finance News Bulletin

Published: 16/02/07

Alliance & Leicester has put other mortgage lenders on alert by initiation a range of new mortgage productsAmong the new mortgages on offer is a two-year fixed speed buy-to-let mortgage charged at 518 per cent interestThe mortgage comes with a booking charge of £1,999 and rental cover of 100 per cent if preferred by the customer

Meanwhile, the mortgage broker has also launched a near-prime two-year fixed-rate mortgage with lending tax of 584 per centMehrdad Yousefi, skull of intermediary mortgages at Alliance & Leicester, commented on the new mortgage offerings"Not only have we sharpened up our rates but we now offer a rental income of now 100 per cent on some of our buy-to-let deals

"Earlier this week, Alan Harper, senior psychoanalyst at financing website Moneyfactscouk, warned property buyers to be cautious of large introductory cost when searching for buy-to-let mortgagesMr Harper claimed that some mortgage providers were offering low headline tax and recouping the losses with extreme arrangement fees

Rural areas may need more homes to help frustrated mortgage holders, psychoanalyst hints - Thu, 08 Feb 2007Record fees can impact on proceeds from buy-to-let mortgages, psychoanalyst suggests - Tue, 06 Feb 2007Today's Most Popular Results Mortgage Enquiry Form Need existence Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - HomeRural areas may need more homes to assist frustrated mortgage holders, psychoanalyst hints - Thu, 08 Feb 2007None of the in order on this website is intended to promote any specific mortgage product or give mortgage advice Mortgagesco

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