Legal & General Mortgage Club has announced two mortgage product updates with the Leeds Building Society.
The deals are a semi-exclusive 95% LTV residential product, and an exclusive holiday buy-to-let product.
From today, members have access to the 95% LTV residential product until 30th April 2021. Starting at 3.09% on a two-year fixed rate and a maximum loan value of £300,000, the product has free valuations and no product fees.
The semi-exclusive allows for 10% penalty free capital over-repayments each year. The product also features an initial fixed period followed by a 1% SVR discount (currently 4.69%) until 30th April 2024. This product is only available for purchase applications.
With effect from Friday 8 February, members will also have access to Leeds Building Society’s Exclusive Holiday Let mortgage until 31st May 2024. The product has a fixed rate of 2.74% with a maximum LTV of 70% and a maximum loan value of £500k. This product is available for purchase and remortgage applications and has a fee of £999.
Danny Belton, head of lender relationships atLegal & General Mortgage Club, said: “Legal & General Mortgage Club has a very strong relationship with Leeds Building Society and we are excited to work with them to further strengthen our development in these areas of the market, bringing exclusive products to our key partners.”