Alliance & Leicester has decided to withdraw all its two year tracker products from its mortgage range as demand for this type of plan increased so much in recent days that they just couldn't cope!
As borrowers anticipate further cuts in the Bank of England base rate may be just around the corner, tracker products, where the interest rate payable alters in line with any change to the base rate, have become increasingly popular.
Although Alliance & Leicester has no immediate plans to replace the withdrawn products, there are still a number of tracker products and other variable rate mortgages available in the market.
Have a look at the best deals on offer in our Variable Rate Mortgages Best Buy table.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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