Alliance and Leicester

Alliance & Leicester are one of the most popular UK banks with over 5million personal customers, renowned for its customer service and accessibility, with some of the best deals around on loans and mortgage rates.

Personal loans

Loans ideal for home improvements, Available for new and current customers , not essential to be a homeowner (unsecured loan) to qualify for the loan, low APR of 7.9%, save over £600 compared to other bank loans such as natwest! Quick and easy online loan application, response within the hour. Personal loan protection available to give peace of mind, if struggle to meet loan repayments.

Secured loans

Long term loan, for example from £5000 to £100000 repayable over period of 5 – 25 years, this loan has the advantage of lower monthly repayments, with a typical rate of 10% APR. Available to homeowners only.

Further loans

Extra money loan for any purpose. loan up to 90% value of your home, with the option to repay over 1 to 40 years. Guaranteed no early repayment charges.

Mortgage loans-

Discount; lower rate of interest to pay(under SVR), good for first time buyers.

Fixed rate; fixed cash repayments, independent of SVR, great for planning outgoings.

Tracker; rate of interest payable is linked with the bank of England base rate so may increase or decrease with the market, more of a gamble for those less financially sound but can prove to be a massive mortgage saving.

Flexible; brilliant for those with varying financial situations, overpay or underpay monthly payments, and/or possibility of penalty free lump sum repayments.

Flexible repayment options for all mortgages.

In conclusion, alliance and leicester are one of the best loan options on the market with massive savings compared to other bank lenders and provide a friendly, helpful and easy to use service when trying to obtain a loan.

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