Alliance & Leicester (A&L) has launched a new mortgage aimed at first-time buyers with a 15% deposit.The three-year fix, which is fee free, comes with a maximum loan-to-value ratio of 85%, an interest rate of 5.99%, a maximum loan size of £250,000 and a free valuation.Latest figures from the Council of Mortgage Lenders (CML) show [...]

More: A&L tempts first-time buyers with a 15% deposit

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