Castle Trust expands distribution with club deal

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Castle Trust Bank has joined up with Legal & General Mortgage Club to expand access its range of specialist buy-to-let products.

Legal & General Mortgage Club members now have access to Castle Trust Bank’s buy-to-let mortgages, bridging and development finance, which are available to UK residents, ex-pats, foreign nationals, SPVs and trading companies.

Castle Trust Bank offers loans for a variety of investments, including holiday lets, HMOs, portfolio loans and property refurbishment, and its proposition includes bridge to let.

Rob Oliver (pictured), sales director at Castle Trust Bank, said: “2021 is going to be a big year for Castle Trust Bank, and this is a great way to start. We are really pleased to partner with Legal & General Mortgage Club to offer our full range of specialist buy-to-let, bridging finance and development finance to its members.

“We have built our specialist buy-to-let proposition on delivering certainty to brokers and their clients. Our BDMs provide certainty at the outset, with instant terms on term loans up to £500k, and our bridge to let proposition delivers certainty at redemption with a guaranteed exit route. This is a very important partnership for us, and it will help more brokers to access the certainty they need.”

Danny Belton, head of lender relationships at Legal & General Mortgage Club, added: “Castle Trust Bank has always been an innovator in the buy-to-let market, building a reputation on certainty of funds and flexible underwriting.

“It’s another great addition to the Legal & General Mortgage Club lender panel and I am looking forward to working in partnership with the Castle Trust Bank team to provide our members with access to its specialist lending proposition.”

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