The fixed rate mortgage is available on loans up to 75% LTV for both purchase and remortgage customers. The initial rate of 3.49% matches Abbey’s two year fixed rate and is available until 2nd January 2016. The product comes with a free valuation and a total booking fee of £995. The deal represents fantastic value and offers customers the chance to fix for a longer period at a competitive rate.
Martyn Smith, Head of Mortgage Products, Legal & General Network says:
"Abbey has priced this exclusive at the same rate as its current 2 year product – giving customers of Legal & General Mortgage Club members an additional 12 months on a very competitive rate. Feedback from our members tells us that more choice is needed to bridge the gap between 2 and 5 year - so this fits the bill perfectly".
Adrian Whittaker, Key Accounts Director at Abbey for Intermediaries, says:
“We are delighted to support L&G with this fantastic three-year fixed rate at a great rate of 3.49%. Available to both homebuyers and remortgagers up to 75% LTV, we expect this exclusive deal to be very popular with L&G’s intermediaries and their clients.”
