Legal & General launches exclusive 2 year fixed rates with Accord
On 5 September, Legal & General Mortgage Club will be launching two exclusive two-year fixed rates, provided by Accord Mortgages. The rates are as follows:5.69% with a £995 arrangement fee, free valuation and £250 cash back
6.09% with no arrangement fee (remortgage clients only), free legals and free valuation
Both fixed rates are available up to 75% LTV and a maximum loan of £750,000.
Martyn Smith, Head of Mortgages at Legal & General said: "Fixed rates remain very popular, indeed two-thirds of residential borrowers that came through our mortgage club opted to fix in the past quarter. For borrowers with 25% or more equity in their home, there is actually quite a lot of choice at the moment and these deals will prove very attractive."
Cate Hillis, Strategic Development Director at Accord said: "We are delighted to be offering these products to L&G who are one of our key strategic lending partners. Following recent falls in swap rates we have been able to act very quickly and pass these savings on."