The Mortgage Lender and Legal & General Mortgage Club are joining forces to distribute products designed for ‘real life’ borrowers, including lending in Scotland.

One of the largest mortgage clubs in the UK, Legal & General Mortgage Club has over 80 lenders on its panel including high street banks and regional and specialist lenders, offering intermediaries access to mainstream and more niche products.

Danny Belton, head of lender relationships at Legal & General Mortgage Club, said: “A growing number of borrowers have complex financial situations, whether that be issues with credit history that can be easily explained, or perhaps the less than straight-forward workings of self-employment. To meet the demands of these borrowers, it’s essential intermediaries have a wide choice of lenders.

“The Mortgage Lender has an offering that will add value for our club members through its criteria, rates, affordability and new buy-to-let products.

“It also lends in Scotland, which is particularly attractive as this is an underserved area of the market for this type of customer.”

Peter Beaumont, deputy chief executive of The Mortgage Lender, added: “We’re delighted Legal & General Mortgage Club members will have access to our products and look forward to helping their customers through lending for real life. Financial hiccups like divorce, lending past retirement and switching to becoming self-employed is just part of real life and we’ve designed products to meet the needs of modern borrowers. That’s called real life lending.”