The range includes:
- Buy-to-let rental cover of only 115 per cent required at product pay rate on three-year fixed and three-year tracker products.
- Buy-to-let – two-year Base Rate tracker 4.75 per cent (BBR+0.00 per cent), maximum loan-to-value (LTV) 75 per cent, arrangement fee - £999.
- Buy-to-let – three-year Base Rate tracker 4.90 per cent (BBR + 0.15 per cent), maximum LTV 75 per cent, arrangement fee - £699.
- Self-certified – two-year fixed rate 5.19 per cent, maximum LTV 85 per cent, arrangement fee - £999.
- Self-certified – two-year Base Rate tracker 4.85 per cent (BBR+0.10 per cent), maximum LTV 85 per cent, arrangement fee - £999.
Mehrdad Yousefi, head of intermediary mortgages at Alliance & Leicester, commented: “We continue to bring competition to the specialist lending sector offering brokers greater choice and value for money when it comes to buy-to-let, self-certification and near prime products. Our latest re-price sees improvements across all of the buy-to-let and self-certification tracker rates, and to some self-certification fixed rates. We have also maintained our very attractive buy-to-let fixed rates, and continue to offer the £100 bonus procuration fee on all applications that go through to completion.”
