L&G claims it is one of the fastest growing mortgage clubs in the UK.
Ben Thompson, managing director of L&G Mortgage Club, said: “We received terrific support from our members and our lender partners throughout 2011.
“It was another tough year for the sector as a whole, but the support we received has meant that these results are truly excellent in a mortgage market which grew only slightly overall.
“We will continue to provide new lending and the market leading programme of exclusive products as well as developing and building for the future. I would like to thank our members for these remarkable results.”
Duncan Crocker, managing director of L&G Network, said: “We have run the Mortgage Club for 17 years now and it remains central to our business, powering our network forward.
“We will continue to invest in its future and have exciting plans for the next two years as we face the challenges of the Mortgage Market Review.
“The Mortgage Club is a core strategic asset for Legal & General, and helps to build the strong relationships that we have right across the financial services market."
