Alliance & Leicester mortgages

Alliance & Leicester is now part of the Santander Group and all of its mortgage prodocts are sold under the Santander brand.

The lender offers a range of fixed-rate, tracker and discount-rate mortgages - with a number of fee-free deals for existing account holders.

The lender also offers mortgages exclusively for Premier current account customers.

One of the most attractive Alliance & Leicester mortgage deals is their 2-year fixed mortgage. The initial rate is 3.19 per cent for the fixed period before it reverts to Santander's standard variable rate. The overall cost for comparison is 4.2 per cent.

The minimum deposit is 70 per cent and there is a booking fee of £495.

To compare Alliance & Leicester mortgages with deals from dozens of other lenders, check out our comparison tables and get a quote today.

Mortgages News

Nationwide takes top share of UK mortgage market

Nationwide announced a solid set of results

Nationwide announced a three per cent rise in profits to £210 million and a rise in its market share for the current account and mortgage markets.

Mortgage lending in April at highest level for five years

The CML reports mortgage lending went up by 4.3% in April

The Council of Mortgage Lenders (CML) reports mortgage lending went up by 4.3 per cent in April compared to March and by 22 per cent compared to April 2012.

London and the south-east drive up house prices

House prices went up by 2.7% in March, according to the ONS

The Office for National Statistics reports a 2.7 per cent rise in house prices driven by growth in London and the south-east.

Average prices for UK homes reach new record high of £250,000

Asking prices rose for the fifth consecutive month, according to Rightmove

According to property website Rightmove, asking prices for homes in the UK have reached £249,841 and over £500,000 in London, the best start to a year since 2004.

Sir Mervyn King warns against "demonising" bankers

Sir Mervyn King has warned that the Help to Buy scheme is risky

The Governor of the Bank of England, Sir Mervyn King has warned that the Help to Buy mortgage scheme unveiled by George Osborne in his budget must not become permanent.

Bank of England lowers inflation and raises growth forecast

The Bank of England issued its latest quarterly inflation report today

The Governor of the Bank of England, Sir Mervyn KLing presented his final quarterly inflation report today and was able to present lower inflation and higher GDP forecasts.

Demand for new homes at highest level since 2009, says RICS

RICS says Help to Buy is supporting UK property market

The Royal Institution of Chartered Surveyors reports rising demand for new homes and increased house prices from its surveyors helped by government initiatives such as Help to Buy and the FLS.

CML reports first-time buyer floodgates opened in March

The number of first-time buyers entering the property market is increasing

The Council of Mortgage Lenders reports that the number of first-time buyers entering the mortgage market went up by 20 per cent in March.


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