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Apply Online Yes
Max Loan amount £20,000
Min Loan Amount £5000
Max Repayment Term 5 Year
Min Repayment Term 1 Year
Website Address: Herewww.
alliance-leicester
.co.uk
Phone Number: Here 08701 55 77 99
Min Age: 18
The UK Alliance & Leicester Logo

UK Alliance & Leicester Loans

1. Is it safe to apply for a loan from Alliance and Leicester?
Yes it is perfectly safe for you to deal with Alliance and Leicester for all your borrowing needs. This company is registered in England and is authorized and regulated by the Financial Services Authority. It is a leading UK lender for mortgages and personal loans.

2. How can I contact Alliance & Leicester?
The company’s website is:
www.alliance-leicester.co.uk

The mailing address is:
Alliance & Leicester
Carlton Park
Narborough
Leicester
LE 19 OAL

Rate Company:
Current Rate:
Rated by: 22324 People

3. What kinds of loans does Alliance & Leicester provide?
You can get personal loans and mortgages from Alliance & Leicester. This lender prides itself on being able to offer low interest rates on loans for qualified customers and you can apply online directly from their site. The maximum term for a personal loan is 5 years.

4. How much can I borrow in a personal loan?
The minimum amount you can borrow is £1,000 and the maximum amount is £20,000. You do have to keep in mind that the maximum term for a personal loan is 5 years, so if you borrow a higher amount, you will have high monthly payments.

5. Can I pay my loan off early with Alliance & Leicester?
Yes you can pay your loan off in full at any time, but you may have to pay a fee when you do so. The fee depends on how long you had the loan. For example, if you pay off a loan early with a term of one year, the fee is the equivalent of one month’s interest.

6. Does Alliance & Leicester deal in unsecured loans?
Yes all the personal loans that Alliance & Leicester deals with are unsecured. This means you so not have to use your home or any property as collateral against the loan. It is also the reason for the shorter repayment terms of the loans.

7. If I apply online, how quickly will my loan be approved?
When you apply online, you will receive notification of whether or not your loan has been approved within 48 hours. You will receive the notification in the mail along with the instructions for completing the rest of the borrowing process.

8. How quickly will I receive my money with a loan?
Once Alliance & Leicester has approved your loan application, you will have to return the signed documents that you receive with your notice of approval. Once these documents are received at the office, you can have the money transferred into your bank account within 24 hours. If you are transferring a loan to Alliance & Leicester, this process usually takes 4 working days from receipt of the documents.

9. What types of mortgages does Alliance & Leicester offer?
Alliance & Leicester has a full range of mortgage options for you to choose from. These include:

• Discount mortgages
• Fixed rate mortgages
• Cashback mortgages
• Tracker mortgages
• Flexible mortgages

10. Can you explain each of these types of mortgages?
Discount mortgages have a lower rate of interest at the beginning of a mortgage – usually for the first one or two years, so that you have a lower monthly payment. In a fixed rate mortgage, the interest rate and the monthly payment is set for the term of the mortgage. With a cashback mortgage, you can borrow more than you need to buy a home so that you have extra money for other needs. In flexible mortgages, you can overpay or underpay when you need to or even take a payment holiday in times when money is tight. A tracker mortgage means that the interest rate you pay on your mortgage depends on market conditions. It can go up or down, which means that you can have higher or lower monthly payments.

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