The exclusive will be available for both appointed representatives and directly authorised advisers who use the LSL group; it will be available for ARs through First Complete and Pink network and for DAs both through TMA and the Pink Mortgage Club.
The new exclusive is a 3.38%, two-year fixed rate that comes with a free valuation for both purchase and remortgages. Product highlights include:
- 3.38% fixed until 30th September 2015
- Available for purchases and remortgages up to 85% LTV
- £995 completion fee
- Free standard valuation
- Free legals available for remortgages only
- Tapered early repayment charges
Uniquely, Skipton will give priority to those cases submitted with all the required supporting documentation, prioritising advisers who package their cases correctly.
David Copland, director of mortgage services for LSL’s financial services division said:
“Working with Skipton to secure this exclusive for both our DAs and ARs emphasises the priority LSL puts on providing advisers with market leading rates. It is also another step in our goal of helping our club and network members to build their businesses while providing their clients with more affordable and more accessible mortgages.
“This high LTV deal gives our advisers the opportunity to help those clients with smaller deposits to secure funding and benefit from a very competitive rate.”
Kris Brewster, Head of Products at Skipton Building Society, said:
“We’ve come to expect quality submissions from the advisers in the LSL group and will continue to reward this quality with priority underwriting. We have designed this exclusive to provide DAs and ARs of Pink, First Complete and TMA with a market leading product that helps the large number of clients who struggle to raise larger deposits.”
