CHL Mortgages joins Legal & General Mortgage Club panel

Published on

CHL Mortgages is further expanding its distribution with a distribution partnership with Legal & General Mortgage Club.

The addition of Legal & General Mortgage Club will significantly extend CHL Mortgages distribution channel.

Ross Turrell (pictured), commercial director at CHL Mortgages, said: “Legal & General Mortgage Club is an absolute giant in terms of the breadth of its distribution and reputation across the intermediary market. It is a partner that always featured heavily in our plans but due to its sheer size and scale we had to carefully assess how and when we opened the doors to its members.

“This partnership shows the huge strides forward we have already made as a lender and there are many more exciting plans and announcements in the pipeline.”

Danny Belton, head of lender relationships at Legal & General Mortgage Club, added: “It is pleasing to see an experienced lender like CHL Mortgages making its return to the buy-to-let arena. We expect the partnership to open the door to a range of valuable mortgages suitable for limited companies, portfolio landlords and trading companies.

“Its team of experienced underwriters also leverage a manual underwriting approach, which will undoubtedly help our adviser partners to support borrowers with more bespoke borrowing needs. We look forward to working closely together as the partnership continues.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

TRM launches tool to help advisers assess clients’ financial shortfalls

The Right Mortgage & Protection Network has introduced a Shortfall Needs Analysis Calculator designed...

HTB completes £1.1m Midlands refinancing in four hours

Hampshire Trust Bank (HTB) has completed a £1.1m residential investment refinancing in the Midlands...

Brookfield Surveyors joins BDLA as associate member

Brookfield Surveyors has become an associate member of the Bridging and Development Lenders Association...

Shawbrook backs 42-home London scheme with £13m development facility

Shawbrook has partnered with P10 Financial Group to provide a £13m development facility that...

Legl joins Conveyancing Association as new affiliate member

The Conveyancing Association has welcomed Legl as its newest affiliate member, offering the software...

Latest publication

Other news

TRM launches tool to help advisers assess clients’ financial shortfalls

The Right Mortgage & Protection Network has introduced a Shortfall Needs Analysis Calculator designed...

HTB completes £1.1m Midlands refinancing in four hours

Hampshire Trust Bank (HTB) has completed a £1.1m residential investment refinancing in the Midlands...

Brookfield Surveyors joins BDLA as associate member

Brookfield Surveyors has become an associate member of the Bridging and Development Lenders Association...