Legal & General: New 75% LTV mortgages

Friday, 22 January 2010 12:00

Legal & General's Mortgage Club is offering a new range of fixed-rate products exclusively to its members.

The two-year fixed-rate deals, provided by Accord Mortgages, are available for a maximum loan-to-value (LTV) of 75 per cent and include a product with an interest rate of 3.49 per cent.

There is also a deal, for remortgages, which has a rate of 3.59 per cent, but provides a refund of the valuation fee on completion plus free legal fees.

And there is another deal at 3.59 per cent which comes with valuation fees and £250 cash back on completion for house purchases.

Martyn Smith, head of mortgage products at Legal & General, said: "The mortgage market is hotting up and competition is increasing. These are really competitive fixed-rate deals and will be very attractive to anyone worried by the recent news on inflation."

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