The two new fixed rate products available from 31st January are being offered at a rate of 3.25% fixed for 2 years and 3.75% fixed for 3 years available for both purchase and re mortgage. Both offer a refund of the valuation fee and £250 cash back incentive to customers that could be offset against legal fees.
Martyn Smith, Head of Mortgage Products for Legal & General Mortgage Club said:
"These are two very competitive priced exclusives from Leek United that will allow intermediaries the opportunity of talking with their customers about fixing their mortgage rate at a time when the market is trying to understand and get to grips with where rates are currently going.
"With many lenders currently re-pricing upwards, these exclusives have come at exactly the right time.”
Mike Williams Head of Lending at Leek United Building Society said:
“We are very pleased to continue our association with Legal & General with the launch of two extremely competitively Fixed Rate products for two and three years."
