L&G Mortgage Club unveils new build and Help to Buy exclusives

Bricks building housing construction

Legal & General Mortgage Club has announced two exclusive new build mortgage products with Skipton Building Society aimed at first-time buyers and homemovers.  

The products are a 90 per cent new build mortgage and 75 per cent LTV Help to Buy mortgage. 

They have two-year fixed rates of 2.65 per cent and 1.37 per cent respectively, until 30 November 2019. 

Both have free valuations. 

The products will only be available to customers through the Legal & General Mortgage Club from today, with the new build product also having £250 cashback and no completion fee. 

More details on both products can be found below:  

Legal & General Mortgage Club head of lender relationships Danny Belton says:We are delighted to have secured this exclusive product with Skipton Building Society, which further supports the growth of the new build market and affordability for first-time buyers up and down the country.  

“Our relationships with lenders such as Skipton are very important to us, and we believe this offering will prove popular with our members by strengthening the choice available to the customers they serve.”

Recommended

Percentages-Per-cent-Percent-Performance-700.jpg

L&G Mortgage Club and Darlington launch discount loan

Legal & General Mortgage Club has announced a new exclusive discount mortgage with Darlington Building Society. The product is aimed at first-time buyers, homemovers or borrowers wanting to remortgage. The new product has a discounted standard variable rate of 2.24 per cent until 30 September 2019, depending on borrower circumstances. The SVR will rise to […]

Building-a-house-700.jpg

L&G-owned housebuilder eyes £700m sale

Upmarket housebuilder Cala Group has rekindled plans for a £700m sale after initial talks fell through. Cala is jointly-owned by Legal & General and real estate investment firm Patron Capital. Chinese property group Evergrande was set to buy Cala last year, but the talks fell through, according to Sky News. But now Cala has revived […]

L&G outlines lender positions on portfolio BTL matrix

Legal and General has updated its ‘Buy-to-Let Matrix’ to include lender positions on portfolios ahead of the PRA changes coming in at the end of September. The Matrix now outlines which lenders will accept portfolio landlords and Limited Company BTL before the changes to underwriting standards for this group of borrowers are introduced. L&G will […]

Brett-Paul-Landbay-2017

Landbay and L&G partner for launch of insurance engine

Specialist buy-to-let lender Landbay has partnered with Legal and General to launch a ‘quoting engine’ insurance service for landlords. The new solution will be a ‘point-of-demand’ service delivered via insurance technology firm Kasko and will enable real-time quoting and underwriting of building, contents, tenant and rent guarantee insurance. The engine will be integrated with Landbay’s […]

Newsletter

News and expert analysis straight to your inbox

Sign up