Legal & General Mortgage Club adds Loughborough BS to panel

Published on

Directly Authorised advisers looking to place business with Loughborough Building Society via Legal & General Mortgage Club now have access to its specialist residential and buy-to-let products.

The addition will give the Club’s Directly Authorised firms’ advisers access to a wider range of specialist mortgage products suitable for consumers with more complex financial circumstances who may be in need of more tailored solutions.

Loughborough Building Society offers buy-to-let products up to a maximum loan size of £500,000 and residential products up to a maximum of £750,000.

Clare Beardmore (pictured), director of Legal & General Mortgage Club, said: “Giving advisers access to more product choice and more specialised solutions is absolutely essential to ensure borrowers get an outcome that is right for them.

“It’s also a vital component of the new Consumer Duty’s fair value requirements, which we know are an important priority for advisers.

“Offering Loughborough Building Society’s specialist residential and buy-to-let products to the broker network at Legal & General Mortgage Club will support more borrowers, and also the advisers who serve them.”

Ashley Pearson, national business development manager, Loughborough Building Society, added: “Working with Legal & General’s team and joining the Mortgage Club panel is a welcome opportunity for us to address specialist requirements in the residential and buy-to-let sectors.

“This collaboration will allow us to help more borrowers who otherwise might have been overlooked.”

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

Landlords shift away from five-year fixes as remortgage choices diversify

Buy-to-let landlords are increasingly looking beyond the traditional five-year fixed mortgage, with new research...

Just Mortgages’ self-employed push attracts surge of new advisers

Just Mortgages’ New Starter Boost initiative, launched in January, has seen strong early demand...

TMG unveils AI-led mortgage and protection proposition for advisers

TMG Mortgage Network has launched a new mortgage and protection proposition that places artificial...

Shawbrook provides £10m facility to launch Fenyx Bridging to market

Fenyx Bridging, a newly established short-term property finance lender, has secured a £10m funding...

West One Loans: specialist finance is vital to meeting housing targets

Specialist finance could prove decisive in helping the UK tackle its housing shortfall, according...

Latest publication

Other news

Landlords shift away from five-year fixes as remortgage choices diversify

Buy-to-let landlords are increasingly looking beyond the traditional five-year fixed mortgage, with new research...

Getting to know you: Heather Greatorex, Heath Mortgage Solutions

Name: Heather Greatorex Age: 28 Location: London Qualification Year: 2021 Firm: Heath Mortgage Solutions Education: 2:1 Psychology degree Specialty:...

Just Mortgages’ self-employed push attracts surge of new advisers

Just Mortgages’ New Starter Boost initiative, launched in January, has seen strong early demand...