Club members can obtain products from the lender's residential mortgages range
Non-bank lender LendInvest has made its residential mortgage products available to Legal & General Mortgage Club members, further expanding the distribution of its product offering.
The mortgage club’s member firms will now be able to access LendInvest’s new residential mortgages range, as well as its buy-to-let and house in multiple occupation (HMO) mortgage products.
The residential mortgage product from LendInvest was designed to serve borrowers with multiple sources of income, the self-employed, and small-business owners. Its bespoke product set will also support key workers.
LendInvest said the new partnership with Legal & General Mortgage Club – the largest and longest-running mortgage club in the UK – supported its ambition to ramp up the distribution of its residential mortgage products on a national level.
“We are thrilled to announce the latest milestone in our ongoing commitment to providing innovative mortgage solutions,” commented Esther Morley (pictured left), managing director for residential lending at LendInvest.
“By extending access to our new residential mortgages range, we are taking another significant step towards enhancing our suite of products to cater to the diverse needs of borrowers. This development aligns seamlessly with our mission to empower homeowners with accessible and efficient mortgage options.
“Partnering with Legal & General, a stalwart in the mortgage industry with its extensive network and renowned mortgage club, underscores our commitment to collaboration and customer-centricity.”
Clare Beardmore (pictured right), director at Legal & General Mortgage Club, added that the new partnership would not only help brokers simplify the most complex cases through the use of LendInvest and Legal & General’s proprietary technology, it would also support borrowers through what could be one of the most stressful times of their lives.
“Giving brokers access to more product choice and specialised solutions is vital to ensure borrowers get an outcome that is right for them,” Beardmore said.
“By partnering with LendInvest to provide our members access to their residential, buy-to-let, and HMO mortgages, we are continuing to support the brokers we work with and providing the tools they need to meet their clients’ needs.”
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