Alliance Leicester Premier Fixed Rate mortgages

Mortgage Plan : Premier 2 Year Fixed Max LTV 90%

Initial Interest Rate: 5.87% until 30/11/09

Rate for remaining term (Variable): 7.89% (current)

Overall cost of comparison (APR): 7.8%

Early repayment charges Apply?: Yes*

Product Fee: £499

• Exclusive mortgage deals for new and existing Premier and Premier Direct Current Account customers taking out a new mortgage.

• Loans available between £25,000 and £500,000, fixed until 30 November 2009.
• 10% Overpay facility.
• *Early Repayment Charge: You are only tied into your mortgage during the fixed period.

• Repay all or part of your mortgage before 30 November 2009 and pay a charge of 3% of the amount repaid.

Link to previous article: Mortgage Charges and fees - What to lookout for