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Legal & General Mortgage Club announces residential exclusive with Leek Building Society


As of today, advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to an exclusive residential product.  

The two-year fixed-rate product is available at 95% LTV and priced at 5.99%. Additionally, an early repayment charge of 2% applies in year one and a 1% charge in year two. The product facilitates the purchase of a new build property, a flat, or house, with a 5% deposit.  

Its minimum residential loan size stands at £150,000, but mortgages can extend to loans of up to £500,000. The product includes a free valuation and has no completion fee. With its high LTV ratio, it is designed to help those with smaller deposits, such as many first-time buyers, onto the property ladder. 

Please note, this exclusive product is only available to members of Legal & General Mortgage Club.