Leek United has launched an exclusive two-year fixed rate mortgage for members of the TMA Mortgage Club.
The new product — which has a rate of 2.95% fixed until 31st December 2021 — offers a £350 cashback, a maximum LTV of 95% and a 5.4% annual percentage rate of charge.
Leek United joined TMA Club’s panel last year.
“The new product will help its intermediary members assist more clients by being able to offer a competitive mortgage product with a cashback and a high LTV,” said John Kelly, operations director at Leek United (pictured above).
Rob McCoy, senior product and business manager at TMA Club, added: “Partnering exclusively with Leek means that we’ll be able to reward and support more intermediaries with a greater choice of lending solutions that will help them grow their client portfolios.
“What’s more is that TMA Club members will have access to minimal upfront fees for their customers, another aspect of the partnership which promises to help our members retain their clients more easily and, ultimately, strengthen their business.”
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