Existing Alliance & Leicester customers on SVR or SVR related discounted products will see the change in their mortgage rate from Sunday 2 November.
The rate on Alliance & Leicester Base Rate Tracker products for new customers reduced by 0.50% on Monday 13 October in line with the reduction of the Bank of England base rate. Existing customers with a Base Rate Tracker mortgage will see their rate reduced by 0.50% from Saturday 1 November.