Leeds releases holiday BTL product through L&G Mortgage Club

Legal & General Mortgage Club has announced two product updates with Leeds Building Society, which will become available on 8 February.

The products are a semi-exclusive purchase only residential product, and an exclusive holiday BTL offering.

The residential product, a two-year 95 per cent LTV, with 3.09 per cent fix, is available until 30 April 2021 and comes with free valuations and no product fee.

In addition, over-repayments of up to 10 per cent are penalty free for this offer.

Furthermore, the exclusive holiday let product has a fixed rate of 2.74 per cent at 70 per cent LTV and is accessible until 31 May 2024.

This offer has a maximum loan value of £500,000, includes a fee of £999 and is available for purchase and remortgage applications.

Legal & General Mortgage Club head of lender relationships Danny Belton comments: “Legal & General Mortgage Club has a very strong relationship with Leeds Building Society and we are excited to work with them to further strengthen our development in these areas of the market, bringing exclusive products to our key partners.”

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