Legal & General – January 29th 2016
Legal & General are reducing the interest rates on their Flexible Plus Lifetime Mortgage product:
- Flexible Plus – Lowest rate option now 5.38% AER (5.25% MER) down from 5.54% AER (5.40% MER)
- Flexible Plus – 2% Cashback option now 5.58% AER (5.44% MER) down from 5.74% AER (5.59% MER)
Reduced rates from Friday 29 January 2016.
FLEXIBLE PLUS PIPELINE CASES
Any applications Legal & General have not yet offered on will automatically be switched to these new lower rates.
EXISTING CUSTOMERS – FLEXIBLE PLUS DRAWDOWNS
For existing Flexible Plus customers, the interest rate for new drawdowns from their Drawdown Facility is also reducing to the new lowest rate option of 5.38% AER (5.25% MER).
This is not a consumer advert. It is intended for professional financial advisers and should not be relied upon by private customers or any other persons.