L&G to launch exclusive holiday buy-to-let product with Leeds BS

A new exclusive holiday buy-to-let product has been launched by Legal & General Mortgage Club in collaboration with Leeds Building Society

Legal & General Mortgage Club members will have access to Leeds Building Society’s exclusive holiday let mortgage from tomorrow, and it will be available until 31 May 2024.

The product, available to those looking to purchase or remortgage a property, has a fixed rate of 2.74% with a maximum loan-to-value (LTV) of 70% and a maximum loan value of £500,000. It comes with a fee of £999.

Legal & General Mortgage Club is also launching a semi-exclusive two-year fixed 95% LTV residential product at 3.09% with a maximum loan value of £300,000 and a free valuation and no product fee.

Danny Belton, head of lender relationships, Legal & General Mortgage Club, said: “Legal & General Mortgage Club has a very strong relationship with Leeds Building Society and we are excited to work with them to further strengthen our development in these areas of the market, bringing exclusive products to our key partners.”

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