L&G Mortgage Club launches new fixed product
Legal & General Mortgage Club has announced the launch of a new two-year fixed-rate mortgage with a rate of 3.35 per cent.
The product is provided by Hanley Economic Building Society and does not require applicants to undergo a credit score check.
It comes with a £100 booking fee and an administration charge of £1,399.
The mortgage is available at a loan-to-value of up to 75 per cent.
"Ditching credit scoring is an innovative, back to basics way of looking at lending and the rate on this product is extremely competitive too," says Martyn Smith, head of mortgage products at Legal & General.
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