"We’re delighted to work in conjunction with our long term business partner Legal & General Mortgage Club to provide an exclusive product for their intermediary members."
The product has a rate of 2.50% up to 90% LTV with £250 cashback and a £995 fee.
Leek United’s mortgage range includes options for buy-to-let landlords with fixed rate and discounted products, including first-time and non-homeowner landlords.
Leek also offer mortgages for holiday homes and second homes and offers free valuations on all mortgages.
John Kelly, Leek's operations director, said: “We’re delighted to work in conjunction with our long term business partner Legal & General Mortgage Club to provide an exclusive product for their intermediary members. Fixed rates are a popular choice for many and are proving attractive to both customers and intermediaries alike and we’re pleased to develop this new product offering through their distribution channel.”
Danny Belton, head of lender relationships at Legal & General Mortgage Club, added: “There has been a strong focus on higher loan-to-value lending this year which is supporting first-time buyers, as well as those looking to remortgage, or come out of the Help to Buy or Shared Ownership schemes. It’s great to work with building societies such as Leek United who understand the needs of today’s customers and can provide excellent exclusive products like this, coupled with their manual approach to underwriting, to Legal & General Mortgage Club members.”
