A&L Pull 2 Year Trackers - Savings - News - Moneyfacts


Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

A&L Pull 2 Year Trackers

A&L Pull 2 Year Trackers

Category: Savings

Updated: 31/10/2008
First Published: 03/11/2008

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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Although Alliance & Leicester has no immediate plans to replace the withdrawn products, there are still a number of tracker products and other variable rate mortgages available in the market.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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.