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Discount deals by Exclusive

Exclusive Connections is offering two discount-rate loans for the buy-to-let and residential markets.

The buy-to-let loan, funded by Mortgage Express, offers a 1.25 per cent discount for two years. Borrower can make overpayments, underpayments and payment holidays.

The standard variable rate on the loan is currently 6.75 per cent for loans up to 75 per cent loan to value and 7 per cent for loans up to 80 per cent LTV. There is a six-month redemption penalty in the first three years.

The residential loan, funded by Leeds & Holbeck, has a 1.25 per cent discount for three years on loans up to 90 per cent LTV or 1 per cent on loans up to 95 per cent LTV. There is a £250 cashback and no lock-ins.

There is a procuration fee of 0.25 per cent for the buy-to-let loan or £100 on the three-year discount.

Managing director Patrick Day says: “This buy-to-let loan is very flexible and offers an excellent rate for those wanting to benefit from overpayment and underpayment options.”

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