The 75% LTV is on offer to both purchase and remortgage customers and comes with a free valuation and a total booking fee of £995.

Martyn Smith, head of mortgage products, Legal & General Network said: “Abbey has priced this exclusive at the same rate as its current two-year product – giving customers of Legal & General Mortgage Club members an additional 12 months on a very competitive rate. Feedback from our members tells us that more choice is needed to bridge the gap between two and five year – so this fits the bill perfectly”.

Adrian Whittaker, key accounts director at Abbey for Intermediaries, said: “We are delighted to support L&G with this fantastic three-year fixed rate and expect this exclusive deal to be very popular with L&G’s intermediaries and their clients.”