Monday, March 15, 2010

Legal & General launches two-year fixed rate products

Legal & General Mortgage Club is to launch three exclusive two-year fixed-rate mortgage products with Accord Mortgages.

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The new products, with rates starting from 3.49 per cent, are available to a maximum 75 per cent loan-to-value (LTV) and an arrangement fee of £995.
There is a two-year fixed rate product available at 3.49 per cent, a 3.59 per cent remortgage deal with valuation fee refunded on completion and free legal fee, and a 3.59 per cent deal with valuation fees refunded and £250 cashback on completion.
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."
Iain Smith, sales director of Accord, said: "We are committed to working with our key lending partners to provide them with great products and when we couple this with first class service from our dedicated case managers we think we have the winning formula."


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