New L&G club deals include ‘reverse stepped tracker’

Published on

Legal & General Mortgage Club is offering its members access to two exclusive mortgage products from Accord Mortgages.

The first is a three-year reverse stepped tracker, priced at Bank Base Rate plus 3.49% in year one, dropping to BBR+2.99% in year two and BBR+1.49% in year three. It comes with a £995 arrangement fee and maximum LTV of 75%.

The second deal is a two-year fixed rate at 5.99% with a £995 arrangement fee and maximum LTV of 85% including £400 cashback.

Martyn Smith, head of mortgage products at Legal & General, said: “A reverse stepped tracker is not a mortgage product that you will see every day

Latest POLL

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

Masthaven joins BDLA

Masthaven has become the latest lender member of the Bridging & Development Lenders Association...

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...

Other news

Masthaven joins BDLA

Masthaven has become the latest lender member of the Bridging & Development Lenders Association...

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...