Loughborough Building Society partners with Finance Advice Club

Published on

Loughborough Building Society is expanding its intermediary distribution with its new partnership with Finance Advice Club.

Through this arrangement, Finance Advice Club members will gain access to The Loughborough’s product range including residential, large loans, buy-to-let, borrowing into retirement, first-time buyers, family assist schemes, shared ownership, buy-for-university, holiday lets, and more.

To better support these intermediary partnerships, the Society recently launched its new mortgage origination platform, complete with integrated credit decisioning software. Enhancements include soft credit checks during the Decision in Principle (DIP) stage, helping to protect applicants’ credit scores while allowing them to explore mortgage options.

Additionally, the platform features enhanced case-tracking functionality and secure integration with selected solicitor panels.

Through this affiliation, Finance Advice Club members can now register with The Loughborough to access its full product suite, leverage its mortgage origination platform, and utilise a library of supporting resources.

Ashley Pearson, head of intermediaries at Loughborough Building Society, said: “Joining the Finance Advice Club panel allows us to extend our reach and offer tailored mortgage solutions to an even wider intermediary network.

“As a lender, we remain committed to providing innovative, flexible, and customer-focused options, and we look forward to working closely with Finance Advice Club members to support their clients’ diverse borrowing needs.”

Matt Cassar, director of Finance Advice Club, added: “We’re delighted with our new strategic partnership with Loughborough Building Society, who are a highly respected mortgage lender in our industry. This collaboration enhances our ability to offer our members even greater access to some of the most innovative mortgage products available.

“By joining forces with Loughborough Building Society, we can further empower our members with the resources they need to access a wide range of mortgage lenders, ensuring they can offer their clients products from the whole of the market.

“This partnership underscores our shared commitment to delivering exceptional value and support to homeowners and advisers alike.”

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

The Mansfield improves retirement lending criteria

Mansfield Building Society has extended its support for older borrowers with a series of...

Hilco provides Suffolk holiday park with £4.5m bridging facility

Hilco Real Estate Finance has completed a £4.5m bridging loan secured against Stonham Barns,...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

MIMHC launches fifth annual mental health and wellbeing survey

The Mortgage Industry Mental Health Charter (MIMHC) has launched its fifth annual Mental Health...

Cotality and Landbay streamline buy-to-let submissions with integration

Landbay has become the first buy-to-let lender to integrate brokers directly into Cotality’s Buy...

Latest opinions

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Richard Pike: Day two from the Global ABS Conference in Barcelona

We’re just coming to an end of day two at the Global ABS conference....

Other news

The Mansfield improves retirement lending criteria

Mansfield Building Society has extended its support for older borrowers with a series of...

Hilco provides Suffolk holiday park with £4.5m bridging facility

Hilco Real Estate Finance has completed a £4.5m bridging loan secured against Stonham Barns,...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...