Lenders

Alliance and Leicester – UK Mortgage Lender

The merger of the Alliance Building Society and the Leicester Building Society in 1985 was, at the time, the largest ever UK building society merger. In 1990, the Alliance and Leicester took over the National Girobank, the first time a building society had taken over a clearing bank. The Alliance and Leicester turned itself into a public limited company in 1997.

Alliance and Leicester has around 500 branches in the UK; in addition its customers can transact business at more than 14,000 post offices.

Mortgage Products

Fixed Rate Mortgages: 2 year, 3 year and 5 year fixed rate mortgages.

Low Start Fixed Rate Mortgages: 1 year and 2 year low initial repayment fixed rate mortgages.

Tracker Mortgages: 2 year tracker mortgages and remortgages.

Discount Mortgages: 2 year and 5 year discount mortgages.

Standard Variable Rate Mortgages: Standard variable rate mortgages where monthly repayments go up and down in line with the lender’s base rate.

The Alliance and Leicester also offers a diverse range of products for different types of borrowers such as buy to let, near prime and self-certified. Bear in mind that some of these mortgages are provided by the Alliance and Leicester as a mortgage intermediary which allows the building society to offer a wider range of products.

Mortgage applications can be made online, in person and over the phone, offering flexibility and accessibility no matter where the borrower is located. There are also several packaged products where current accounts, insurance products and mortgages are rolled together to provide one account that deals with all of the borrower’s needs.

Website: www.alliance-leicester.co.uk