Cambridge exclusives for L&G Mortgage Club

Published on

Legal & General Mortgage Club is offering a range of exclusive deals from The Cambridge Building Society

The deals are for both residential and buy-to-let homeowners wishing to remortgage.

The new products include a five-year fixed rate at 3.69% with a 90% LTV on residential deals, alongside a buy-to-let offering, consisting of a two-year discounted variable rate at 2.79% with an LTV of 75%.

Both products, when applied to remortgages, also benefit from no valuation fees, with the residential deal also waiving legal fees.

Jeremy Duncombe, director of Legal & General Mortgage Club, said: “These exclusive rates are extremely competitive, and target two growing areas of the market. We are delighted that The Cambridge has chosen us to distribute these products, adding further value and diversity to the offerings our brokers bring to the table.

T”he combination of a high LTV and a low rate is a great blend for borrowers wanting the security of a five-year fixed rate. The buy-to-Let product also adds a greater level of value and choice to the market by offering a discount rather than a fix.”

Tracy Simpson, head of lending at The Cambridge, said: “We’re really pleased to be able to work with Legal & General to offer these new products. We’ve worked hard to create a range that will be attractive to both residential and buy to let customers and look forward to seeing how popular they are.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Leeds launches 98% LTV mortgage aimed at widening access for first-time buyers

Leeds Building Society has introduced a new 98% loan-to-value mortgage designed to help more...

Uinsure secures exclusive Lloyds Bank General Insurance panel deal for advisers

Uinsure has added Lloyds Bank General Insurance to its home insurance panel in an...

Clydesdale cuts selected residential product transfer rates

Clydesdale Bank is reducing a range of residential product transfer fixed mortgage rates from...

Foundation shows how revised Property Plus criteria unlock Scottish buy-to-let purchase

Foundation has highlighted how enhancements to its Property Plus proposition helped a broker secure...

HLPartnership sets out leadership transition as Chris Tanner steps back

HLPartnership has announced plans for a leadership transition that will see BetterHome Group chief...

Latest publication

Other news

The AI questions the mortgage industry needs to ask – and address

Everyone in the industry is talking about artificial intelligence, but mortgage tech boss Zahid...

Leeds launches 98% LTV mortgage aimed at widening access for first-time buyers

Leeds Building Society has introduced a new 98% loan-to-value mortgage designed to help more...

Uinsure secures exclusive Lloyds Bank General Insurance panel deal for advisers

Uinsure has added Lloyds Bank General Insurance to its home insurance panel in an...