Leeds Building Society has launched an exclusive 95 per cent LTV product in conjunction with LSL Property Services.
The new product is available to directly authorised advisers and representatives of Pink Mortgage Club, The Mortgage Alliance as well as First Complete and Pink networks.
The three-year fixed rate is offered at 4.89 per cent and is available to both purchase and remortgage customers.
There is no completion fee though a non-refundable booking fee of £199 is payable at application. A free valuation is also offered with this product.
LSL Financial director of mortgage services David Copland says: “As the market improves it is important that we continue to offer our advisers more and better choices for their clients. Higher LTV products fulfil a need for those that can afford the repayments, but have found it difficult to save for a larger deposit during the economic downturn.
“Securing this exclusive with Leeds, for up to 95 per cent LTV, increases our product range and gives advisers more scope to help clients that they may not have been able to in the recent past.”