Legal & General fixed rate mortgage 'fantastic'

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Legal & General fixed rate mortgage 'fantastic'

Homeowners could benefit from a new range of home loan products from Legal & General, which offers a loan-to-value (LTV) of up to 90 per cent.

The two-year fixed rate mortgages come with interest at 5.89 per cent for those wishing to pay the smaller ten per cent deposit, while those who can afford an LTV of 75 per cent receive a rate as low as 3.49 per cent.

Offered in conjunction with Cambridge Building Society, the loans are available up to £500,000, come with a free evaluation and require a £999 application fee.

Martyn Smith, head of mortgage products at Legal & General, said: "This is a fantastic suite of exclusives from Cambridge Building Society. With end dates extending to October 2013 these products offer great value."

Legal & General recently announced that it is to partner up with Sainsbury's Finance, which is set to provide even more new offers for customers.

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