Legal and General Mortgage Club has announced it will offer an exclusive residential mortgage product for its members through Skipton Building Society.
The product is a 90 per cent LTV five-year fix at 2.39 per cent.
It has a maximum loan value of £500,000 and includes no fees.
Legal & General Mortgage Club head of lender relationships Danny Belton comments: “This is a welcome move from Skipton Building Society. It is great to see an increasing number of lenders offering 90 per cent LTV mortgages, allowing buyers with small deposits to achieve their dream of homeownership.”
Skipton Building Society director of business development Paul Fenn says: “We are delighted to offer this exclusive to Legal & General Mortgage Club.
“We want to help as many borrowers as we can onto the property ladder, and we are excited to continue working closely with Legal & General Mortgage Club this year.”
At the start of this month, Skipton announced another high LTV product through PMS and Sesame.