The new product, which is only available to customers through Legal & General Mortgage Club, comes with discounted SVR of 2.24% until 30th September 2019, dependent on the borrower’s circumstances. Customers are also offered a 1% Early Repayment Charge within the discounted period, or no charge for a single repayment of up to 10% of the mortgage.
The product is available up to 90% LTV and comes with a basic valuation fee of £300, no product or account fee and £250 cashback.
Danny Belton, Head of Lender Relationships, Legal & General Mortgage Club, said: “We are delighted to have secured this product exclusive with Darlington Building Society for our members. Mortgage Clubs like Legal & General’s play a vital role in the mortgage journey between lenders and intermediaries, and it is our job to secure the best deals for our broker partners and their clients.
"We have worked closely with Darlington to launch this discount mortgage product, and we believe this offering will further enhance the choice for intermediaries and the customers they serve.”
