L&G exclusively launches NatWest's 2-year fixes from 1.74%

Legal & General Mortgage Club is pleased to announce that tomorrow it will launch a range of exclusive two-year fixed-rate mortgages from NatWest, available through Legal & General ARs and Nouveau firms.

Related topics:  Mortgages
Amy Loddington
21st May 2013
Mortgages
Ranging from 60% LTV to 90% LTV, this collection provides suitable products for a host of different mortgage needs.

The 1.74% mortgage at 60% LTV with a £1,995 fee is currently the lowest two-year fixed-rate available on the market. The range also includes one of the best products for those looking for an 85% LTV, with a rate of 3.39% and only £995 fee.

The lowest rate (4.49%) £0 fee mortgage product available at just 90% LTV is also part of this range; it supports first-time-buyers and movers that only have a 10% deposit.

Details of the five two-year fixed-rate mortgages are as follows:

- 1.74% rate and 60% LTV for home purchases with a £1,995 fee

- 3.39% rate and 85% LTV for home purchases with a £995 fee

- 4.49% rate and 90% LTV for home purchases with £0 fee

- 1.74% rate and 60% LTV for remortgaging with a £1,995 fee

- 3.39% rate and 85% LTV for remortgaging with a £995 fee

Martyn Smith, Head of Mortgage Products, Legal & General Network says:

“NatWest Intermediary Solutions has recently improved the positioning of its core range, so we are delighted to make these market leading exclusive rates available to customers of our AR and Nouveau members. The 60% LTV exclusive compliments NatWest's core offering and offers fantastic value for mortgages over £125,000. The 85% deal fills a gap in the NatWest range and the 90% product is the lowest no fee rate available for borrowers with just a 10% deposit.”

Martese Carton, Senior Corporate Account Manager, NatWest Intermediary Solutions, said:


"I'm delighted that we've delivered such a competitive set of products for L&G members, reflecting the strong working partnership we have developed. Having a wider selection of products at all LTV bands will give advisers the ability to offer more choice to their first time buyer, second mover and re-mortgage customers. Combined with excellent service levels, these products underline our ongoing commitment to the intermediary market.”
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