A&L updates variable products

New offers include the following:

Two-year FeeSaver Base Rate Tracker 6.24% (BBR +0.49%) (previously 6.09%)

• Customers can borrow up to 95% of the property value
• No product fee
• Early repayment charges apply for first two years
• Full flexible features(1)
• Free valuation(2)
• Remortgage customers get £250 Cashback or free Mortgage Transfer Service(3)
• Maximum loan £999,999

Two-year Base Rate Tracker 5.89% (BBR +0.14%) (previously 5.79%)

• Customers can borrow up to 90% of the property value
• Product fee £599
• Early repayment charges apply for first two years
• Full flexible features(1)
• Maximum loan £999,999

Five Year Discount 6.19% (SVR -1.70%) (previously 6.09%)

• Customers can borrow up to 90% of the property value
• Product fee £149
• No early repayment charges
• Full flexible features(1)
• Maximum loan £999,999

Richard Taylor, head of mortgage products at Alliance & Leicester, said: "We are revising our range of mortgages to concentrate on our most popular deals. We are retaining the rates on our most popular fixed rate deals including FeeSavers, which are ideal for first time buyers who do not want any up-front fees."