Alliance & Leicester is reduce Fixes Rates

Alliance & Leicester is reducing its rates by up to 0.2% and the fees by £300 on its two, three and five-year fixed rates from today.

A two-year fixed rate is now available from 4.29% with a £299 fee.

As well as the rate and fee cuts, Alliance & Leicester is also introducing two new deals to its mortgage range, including a two-year fixed rate at 3.84% with a £995 and a two-year tracker at just 3.64% with a £995 fee.