This rate is a guaranteed 1.10% below the society's standard variable rate for the first two years.
This mortgage, the first Lambeth has ever designed specifically for this market, has no application or reservation fee; any MIG premium is paid by the society; and Lambeth also pays the conveyancing costs along with the valuation.
This product follows the rapid take-up of its recent fixed rate mortgages. As a further incentive, applicants receive a free £150 holiday voucher.
