Two Year Fixed Rate 4.94% (previously 5.79%)
Fixed until 31 December 2010
£599 product arrangement fee
Customers can borrow up to 75% of the property value
10% overpayment facility
Maximum loan £250,000
Two Year Fixed Rate 4.99% (previously 5.59%)
Fixed until 31 December 2010
1% product arrangement fee
Customers can borrow up to 75% of the property value
10% overpayment facility
Maximum loan £1 million
Two Year Fixed Rate FeeSaver 5.49% (previously 6.39%)
Fixed until 31 December 2010
No product fee
Customers can borrow up to 75% of the property value
10% overpayment facility
Maximum loan £1 million
Free valuation
Remortgage customers get £200 cashback or free Mortgage Transfer Service
Richard Taylor, Head of Mortgage Products at Alliance & Leicester, comments: "I am delighted to announce these rate reductions to our fixed rate mortgage products, and I am sure they will be very appealing to customers. We offer a range of products with different arrangement fee levels or even no fee at all meaning customers can select the mortgage that best suits their needs."