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Legal & General two-year discount

Legal & General discount

Type: Self-certification discount

Discounted term: Two years

Discount: 1.36% (off 1.75% above BBR)

Payable rate: 4.39%

Minimum loan: £25,001

Maximum loan: Up to 85% of valuation subject to a maximum of £1m

Income multiples: 3.25 x single or 2.75 x joint

Arrangement fee: £299

Redemption fee: 5% of amount repaid in first year, 4% in second year.

Conditions: None

Introducer’s fee: Varies

Tel: 0845 300 9977

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