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Legal & General Mortgage Club – Aldermore Mortgages 6.48% 3-Year Fixed Family Guarantee Mortgage to 100% LTV

Legal & General Mortgage Club – Aldermore Mortgages 6.48% 3-Year Fixed Family Guarantee Mortgage to 100% LTV

Type: Fixed rate mortgage

Fixed term: Three years

Fixed rate: 6.28%

Minimum loan: £25,000

Maximum loan: Up to 100% of valuation subject to a maximum of £250,000 and family guarantee

Income multiples: Based on affordability

Conditions: Available for purchases on a repayment basis only, amount of mortgage above 75% LTV must be guaranteed by up to two guarantors, of which one must be a parent, step parent or grandparent, capital repayments up to the amount of the guarantee can be made without penalty during the fixed-rate period, available for properties in England and Wales, available only through intermediaries

Arrangement fee: £999 completion fee plus £299 booking fee

Redemption fee: 5% of the amount repaid in year one, 4% in year two, 3% in year three

Introducer’s fee: 0.4% of the original loan

Tel: 0333 321 1000

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