MortgagesOct 9 2015

L&G Mortgage Club partners with Skipton

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L&G Mortgage Club partners with Skipton

Legal and General Mortgage Club has today (9 October) launched an exclusive product with Skipton Intermediaries to boost the range of deals on offer for its club members.

The new product, which is available for purchase deals only, offers a 2-year fixed rate at 2.48 per cent on purchases on purchases of up to 85 per cent loan-to-value.

It has no application or completion fees and includes a free standard valuation on the property. The deal is being offered on a limited tranche basis and is expected to receive a lot of interest.

Jeremy Duncombe, director at Legal and General Mortgage Club said:“Skipton continues to be very supportive towards the intermediary market, and we are delighted to offer this exclusive product to our members.

“The combination of low rate, high LTV and free valuation is sure to make this very popular. Funds are limited for this product, so we expect it to sell very quickly.”

ruth.gillbe@ft.com