L&G exclusive 2 year fixed rates with Accord Mortgages

Legal & General Mortgage Club has launched two exclusive fixed rate mortgage products, provided by Accord Mortgages. Both mortgages are available to a maximum loan size of £750,000 and come with arrangement fees totalling £995:

2 year fixed rate - 3.34% (maximum LTV of 75%)
2 year fixed rate - 4.64% (maximum LTV of 85%)

Martyn Smith, Head of Mortgage Products at Legal & General said: "The gap between pricing of variable and fixed products is now significant, perhaps larger than it has been for quite some time. This is skewed by the exceptionally low Bank Base Rate, however, and these fixed rates represent fantastic value for money. There is a lot of uncertainty this year, with an election forthcoming and a risk of inflation. Many borrowers will be pleased to fix at these rates for peace of mind."

Cate Hillis, Strategic Development Director at Accord said: "As part of our planned increase in lending for 2010 we are delighted to offer another great exclusive with L&G Mortgage Club. We are committed to working with our key lending partners and providing competitive, tailored products to support them and their intermediaries."

These mortgages are only available to appointed representatives of Legal & General Partnership Services Ltd (LGPSL).

Consumers interested in this exclusive deal can contact one of Legal & General's mortgage advisers through its online ‘Find a Mortgage Adviser' tool available at: legalandgeneral.com/findamortgageadviser

Users can search for an adviser by entering their postcode. The service is designed to help people find a mortgage adviser in their local area. It lists over 600 mortgage advisers across the UK who are members of Legal & General's mortgage network, LGPSL.

Advisers can also offer borrowers a conveyancing service, a home information pack service and other Legal & General products.