YOUR Move is offering a limited issue, building society mortgage below four per cent (APR 6.2 per cent) with no higher lending fee and no penalty for early repayment.

The rate is fixed for one year at only 3.99 per cent up to 95 per cent loan to value. There are no penalties for early redemption allowing the mortgage to be moved at any time.

A Your Move spokesman said: "This mortgage is particularly attractive, not only for the low rate but also for the added benefit of no higher lending fee even at 95 per cent loan to value."

For more information call 0845 845 6200 or visit the website www.your-move.co.uk

ALLIANCE & Leicester's new basic variable rate is 5.95 per cent (6.5 per cent APR). The A&L flexible base rate tracker rate (0.95 per cent above base rate) has fallen to 4.95 per cent (5.6 per cent APR).

Customers who are on the basic variable rate are able to switch, free of charge, to this mortgage.