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New products launched from Abbey and A&L 
03/03/2010 

Please find below the latest product news for Abbey and Alliance & Leicester effective from Thursday 4th March 2010.

Abbey for Intermediaries

They have reduced the rates on the following market-leading 70% LTV 2 Year Fixed rate exclusives for all Key Accounts:

  • Remortgage product, 3.64% with a £995 fee
  • Homebuyer product, 3.59% with a £995 fee
  • Homebuyer Plus product, 3.59% with a £995 fee

They have also reduced the rates on products they have for existing Santander Current Account customers. These are available to all Key Accounts as follows:

  • 2 year Fixed rate Remortgage product, 3.54% with a £995 fee
  • 2 year Fixed rate Homebuyer product, 3.49% with a £995 fee

They have also launched the following new market-leading 2 Year Tracker products:

  • 70% LTV Homebuyer product, 2.49% (BBR +1.99%) with a £1,495 fee
  • 70% LTV Homebuyer product, 2.69% (BBR +2.19%) with a £495 fee
  • 80% LTV Remortgage product, 3.94% (BBR +3.44%) with a £1,495 fee
  • 80% LTV Homebuyer product, 3.94% (BBR +3.44%) with a £995 fee

They have also reduced the rate on their market-leading 80% LTV 2 Year Fixed rate Homebuyer and Homebuyer Plus products to 4.95% with a £995 fee.

For full details of their new range please see the Rate Bulletin (Issue 7) which will be available on Thursday 4th March 2010.

Alliance & Leicester

They have reduced the rate on their market-leading 80% LTV 2 Year Tracker rates as follows:

  • Remortgage product, 3.94% (BBR +3.44%) with a £1,495 fee
  • Homebuyer product, 3.94% (BBR +3.44%) with a £995 fee

For full details of their range, please see the Prime Product Portfolio which will be available on Thursday 4th March 2010.