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With a flexible mortgage you can vary your mortgage payments to suit your circumstances. If you've got extra cash, you can pay more and pay off your mortgage early and potentially save money. Alternatively, you have the flexibility to take payment holidays, make under payments or borrow money back on occasions when money is tight.
A base rate tracker mortgage is a variable rate mortgage which always follows the Bank of England's Base Rate, so your payments will change in accordance with external market interest rates. You will quickly benefit from any potential changes, plus the rate on your tracker mortgage always maintains the same differential between the rate you pay and the interest rate set by the Bank of England.
Alliance & Leicester can also offer you flexible UK mortgages combined with discount and base rate tracker benefits.
You can apply for a flexible or base rate tracker mortgage by phone or at your local Alliance & Leicester branch - simply book an appointment.
Please note that Alliance & Leicester mortgages are subject to status valuation availability and our lending policy, and are only available to UK residents over 18 years old.
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