Legal & General has achieved its market position in mortgage distribution through its network of over 6,000 advisers and its extensive relationships with UK lenders.
The new partnership is marked by the launch of a new buy to let rate, exclusive to Legal & General Mortgage Club members, of 5.39% fixed until 30 June 2007. It also has a low arrangement fee and rental income calculated on the fixed rate.
· 3-Year fixed buy-to-let rate of 5.39%
· Rental income calculation based on fixed rate.
Mortgage Trust offers up to 85% LTV and full flexibility on this product giving investors the opportunity to save for further property purchases or budget for rental voids and maintenance costs.
Austin Jelfs, Head of Sales and Marketing at Mortgage Trust said: “We are extremely excited to have secured a place on the celebrated Legal & General Mortgage Club panel. The club is growing rapidly, and this is a huge opportunity for Mortgage Trust to expand its distribution and to provide outstanding service and superb products to Legal & General Mortgage Club members.”
