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Darlington BS launches exclusive discount SVR deal

  • 23/08/2017
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Darlington BS launches exclusive discount SVR deal
Darlington Building Society has released an exclusive discount mortgage available through Legal and General Mortgage Club.

The product is aimed at first-time buyers, homemovers or remortgagers and comes with a two-year discounted Standard Variable Rate (SVR) of 2.24% at up to 90% loan to value (LTV).

The fee-free deal includes £250 cashback, a valuation fee of £300 and a 1% early repayment charge within the discounted period, with no charge for a single repayment of up to 10% of the mortgage.

It has a discount of 3.46% to 2.24% on the SVR rate until 30th September 2019, which will rise to 5.70% for the remainder of the mortgage term.

Legal & General Mortgage Club head of lender relationships Danny Belton (pictured) said: “We are delighted to have secured this product exclusive with Darlington Building Society for our members.

“We have worked closely with Darlington to launch this discount mortgage product, and we believe this offering will further enhance the choice for intermediaries and the customers they serve.”

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