The products include a two-year self-cert fixed rate, for remortgages only, from 6.29 per cent with a £599 arrangement fee and free legals and valuation fees. Other products include a three-year buy-to-let tracker from 5.54 per cent, with a £999 arrangement fee and free valuation fees; and a two-year non-conforming tracker from 5.74 per cent, with £695 arrangement fee and free legals and valuation fees.
In addition, L&G will also offer a non-conforming two-year tracker product, for remortgages only, from 5.84 per cent, with a £695 arrangement fee and free valuation.
Commenting on the products, Richard Beardshaw, head of sales at Platform, said: “We are delighted to be able to exclusively offer the L&G Mortgage Club and its members such a competitive range of mortgage products.
“Uncertainty in the market following the recent increases in the Bank of England Base Rate has prompted us to develop flexible fixed rate and tracker solutions to satisfy a wide range of borrowing needs. This further demonstrates our commitment to the mortgage intermediary market and we look forward to continuing our relationship with L&G in 2007.”
Brian Murphy, head of lending at the Mortgage Advice Bureau, said: “These sound like competitive mortgage products in the current market. L&G as a distributor does tend to get some headline rates.”
