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.”