Rates begin at 3.19% for loans up to 75% loan to value through to 5.19% for borrowing at 90% LTV.
Martyn Smith, head of mortgage products at L&G, said: “These deals have been priced very competitively and with the end date being January 2014, borrowers will get a good two years plus on these great rates when they complete. It is also pleasing to see more competition at higher LTV’s”.
Mark Smitheringale, head of sales and marketing at Cambridge, added: “I am delighted that we can offer this exclusive to L&G mortgage club members.
“We are working hard to develop a competitive product range and bespoke case underwriting, to underpin our current growth strategy.
“Working closely with key brokers via L&G, is evidence of our continued commitment to intermediaries.”
