Legal & General's Mortgage Club is offering a penalty free mortgage deal with a 2.15% discou...
Legal & General's Mortgage Club is offering a penalty free mortgage deal with a 2.15% discount off the standard variable rate (SVR) for two years. This deal is only available through online application.
The interest rate payable by borrowers is currently 3.8% (APR 5.9% variable). At the end of the two years the interest rate reverts to the SVR at that time.
Online applications are submitted using Legal & General's Mortgage Decisions service. The service enables users to go on-line and request Decisions in Principle, submit applications directly into lenders' back office systems, track the progress of clients' mortgages and view lender information.
Mortgages are available up to 95% of the value of the property and may be used for purchase and remortgages. There are no redemption penalties.
Legal & General's Mortgage Club is a multi-channel mortgage distribution network offering a series of one off exclusive deals from mortgage lenders who are members of Legal & General's panel.
For further information contact 0845 3009977.
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on