Mortgage lender cuts deal prices by Finance News Bulletin

Published: 28/11/07

Mortgage lender coalition &Leicester has announced a lowering in the prices on a number of its productsThe changes, which will affect its assortment of fixed-rate mortgages, may suit borrowers who are interested in the security of a period for which their repayments will not be adversely exaggerated by any change in the Bank of England's base speed Alliance &Leicester is cutting its three-year fixed-rate mortgage from 612 per cent interest to 5

99 per cent, while the three-year charge saver will see a reduction to 624 per cent from 639 per centalso the five-year fixed-rate mortgage, which potentially offers greater security in the countenance of economic instability, will also be cut to 5

99 per centRichard Taylor, skull of mortgage products at coalition &Leicester, said: "We are reducing the prices on our three and five-year fixed-rate mortgages, which is huge news for those wanting to fasten their mortgage payments for a longer period"coalition &Leicester is one of the UK's largest providers of financial services, offering a variety of mortgages and other products to British consumersMortgage lender cuts contract pricesNone of the information on this website is intended to endorse any specific mortgage manufactured goods or provide mortgage advice

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Alliance & Leicester: Older people travelling more - Published:01/12/07

Many over-50s have been enjoying their golden existence by travelling to exotic locations, according to Alliance & LeicesterSteve Gracy, representative for Alliance & Leicester, said that people in this age group "be inclined to have a bit more time" to see the world because they are near retirement or have no more children at homeThey also have a more solid financial base, he explained, adding that "they have more money to use to actually go further afield"Because older populace have specific needs, Alliance & Leicester has created a exact current account to cater to this collection"We've launched a specific current account for this area - because they do have sure needs, they do have certain wants and we wanted to give a present account for them that addresses those," Mr Gracy addedAlmost 11 million people aged 50 or above have tactics to become more regular travellers in the pending years, Alliance.

Remortgage to beat the rate rise - Published:16/11/07

After the hike in interest tax to 55% many homeowners will be hunting for novel mortgage dealsWith the fourth rise in less than a year having been extensively predicted well in advance, many lenders had already priced it into their mortgage ranges while borrowers had begun the hurry for better dealsFor advice on getting the best out of your mortgage see This is Money's Don't rush into a awful mortgage articleWith the spectre of inflation looming, experts speak there is every chance rates could go up again, so those thinking of remortgaging over the next few months should act almost immediately to attempt to catch the best deal while they canAny future interest speed rise is likely to push fixed speeds higher and could lift the fees and cut the discounts on tracker mortgagesHere are a selection of what This is Money thinks are among the most excellent mortgage deals currently on offer:This is Money says: Fixed tax have risen recently but there are still some available below 5% However, lenders are charging big fees or adding comprehensive tie-in penalties for their best deals Make sure you put on't take out a loan with near the beginning repayment charges that exceed the intial lower-rate periodThe general rule is the bigger your loan the improved value a near to the ground rate-high fee deal will be To work out the true cost, calculate repayments over the fixed rate era and then add the fees• Alliance & Leicester has a two-year fixed speed at 534%, up to 90% loan-to-value, with a £599 feeThis is Money says: With set rates having risen, variable deals are looking more attractive - particularly as fees are lower If you can afford another two speed rises, then a variable rate could be for you If you are already squeezed, then fixed rate safety will be better• Alliance & Leicester has a two-year tracker at store rate advantage 024% - currently 574% - at up to 90% loan-to-value with no fee• Hanley financial BS has a two-year tracker at bank rate deficiency 026% - currently 524% - at up to 80% loan-to-value with a £699 fee• countrywide BS has a two-year tracker for remortgages inferior rate for home purchase) at bank rate minus 012% - at present 538% - at up to 90% loan-to-value with a £599 chargeThis is Money is packed with news, advice and gear that can help you get in front and save money• Newcastle BS has a two-year discount at its standard variable speed (SVR) minus 269% - currently 465% - with a £999 charge (Newcastle has not yet raised its SVR next the bank rate announcement)• Hanley Economic BS has two-year reduction at its SVR minus 225% - at present 485% - with a £699 charge (Hanley has not yet raised its SVR following the bank rate announcement)This is Money says: ING Direct's mortgage deserves to stand alone in this category With no fees for agreement, valuation or leaving, it might possibly be Britain's best-value mortgage The speed has not changed since the bank speed hike, but even a 025% go up would leave it looking attractive If you think rates may not go up again and are eager to take a risk, then ING's mortgage offers a no cost way to do so• ING straight has a flexible mortgage at its standard variable speed of 539%, guaranteed to go no more than 09% above, bank speed The loan is available at up to 90% loan-to-value, with unlimited overpayments, no arrangement fee, valuation refunded and no near the beginning repayment charges or exit chargeSelect a loan term 12 months (1 year) 24 months (2 existence 36 months (3 existence 48 months (4 existence 60 months (5 existence 72 months (6 existence 84 months (7 existence 96 months (8 existence 108 months (9 years) 120 months (10 years)Please choose a type of insurance Life insurance Home and inside Car Breakdown services Health - medical Health - dental Travel favorite - dog favorite - cat GOThinking about investing in property This is cash has the best information and advice on buy-to-let.

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Alliance & Leicester tracker account 'launched' - Published:27/03/07

Alliance & Leicester global's new offshore base rate tracker is guaranteed to be at least 035 per cent above the Bank of England base speed until at least January 31st 2008Currently possessing a speed of 560 per cent, the Alliance & Leicester explanation will revert to no more than 025 per cent below the base speedAvailable to those people depositing a smallest amount balance of £15,000, the account also has the flexibility of allowing one penalty-free genuine withdrawal each quarterInterest is paid annually on the Alliance & Leicester account, a package which Simon Hull, managing director of the group, supposed continued to be "exceptionally well conventional"He added: "The rate offered on our latest issue is highly competitive and will plea to serious savers seeking confidence over their rate of interest, in the shape of a link to the base rate"He also said the account would give calm of mind to those.

Mortgage lender cuts deal prices by Finance News Bulletin

Published: 28/11/07

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Alliance & Leicester: Older people travelling more - Published:01/12/07

Remortgage to beat the rate rise - Published:16/11/07

Alliance & Leicester tracker account 'launched' - Published:27/03/07