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Existing Alliance and Leicester mortgages with high LTV

Hello,

Just a quick post, wondered if it would be helpful to anyone.

We been sitting on Alliance and Leicester's SVR for a while now as our LTV was too high (around 102%)for them to offer us a new deal.


I called early December and was told they were making some changes in the next few weeks and to call at the end of the month.

I call back last week and was told that in the last few weeks they have recalculated LTV which brought ours below 100% they are now also offering new deals to existing customers upto 100% LTV.

We were offered 5.49% fixed for 1.5yrs no fees or 5.99% fixed for 2.5yrs no fees

I personally didn't think this was too shabby considering the SVR is 4.99%!. I wondered if this would help anyone in a similar position to us as I don't think they are shouting it from the roof tops!
Back on the MFW Wagon!
MFW 2011 #195 OP £2500/£400/£9052:j
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