L&G launches 5 year fix with Chelsea

The maximum loan-to-value is 65% and the arrangement fee is £995. This mortgage is only available through mortgage advisers that are part of Legal & General Partnership Services Ltd (LGPSL), the mortgage network.

Martyn Smith, head of mortgages at Legal & General said: "For those borrowers that have a 35% deposit or more, this is likely to be a very appealing product. Some borrowers welcome the security that a five year fixed rate offers, and this is a very competitive headline rate."