Legal & General's Mortgage Club is offering a stepped discount mortgage that offers a 2.5% d...
Legal & General's Mortgage Club is offering a stepped discount mortgage that offers a 2.5% discount off the standard variable rate (SVR) in year one and 1.82% discount in year two. Borrowers will pay interest currently at 3.45% (APR 5.8% variable) Mortgages are available up to 95% of the value of the property and it is fully portable. Borrowers have the option to re-pay up to 10% of the mortgage loan each year without incurring an early repayment charge. Six months interest is payable for full repayment until 30/04/04. Advisers can obtain details of the mortgage and en...
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