L&G advisers will have access to the Fleet Mortgages product range, which is tailored to experienced landlords and property investors, from launch.
Bob Young, chief executive officer of Fleet Mortgages, said: “It is very pleasing to be able to announce Legal & General Mortgage Club as the latest distributor to join the Fleet Mortgages panel.
“We’re well aware of Legal & General’s strong and influential position within the marketplace and the quality of its business, and are therefore particularly excited to bring them on board pre-launch.
“We remain on schedule to launch during November and this new arrangement and relationship means most Legal & General Mortgage Club members will have access to our products from the start.
“We are looking forward to announcing our product range in due course and are working closely with our distributor partners to ensure our products, criteria and service levels are not just fit for purpose but of the highest standards.”
Jeremy Duncombe, director at Legal & General Mortgage Club, added: “We are very pleased to be able to offer our members additional choice, particularly in the buy-to-let sector.
“Fleet Mortgages will be able to add to our already strong panel with new and innovative products, and we look forward to working closely with Bob Young and his experienced team to ensure that we add value to our members.”
L&G will initially offer Fleet’s range of buy-to-let mortgage products to its appointed representative, Nouveau and MAB firms when they are launched in mid-November, but expect to roll this out to other key account firms and the wider directly authorised market shortly afterwards.
