Ben Thompson, managing director of L&G Mortgage Club, said: “The Lending Wizard loans system is a great addition to our offering for advisers looking to raise additional finance for customers in situations where a traditional remortgage is not available or not best advice.
“As a master broker, The Lending Wizard will provide advisers and their customers with instant, accurate quotations from their panel of lenders using a soft quotation credit search without negatively impacting on the customer and their credit score.”
Nicola Winter, managing director at The Lending Wizard, said: “Our technology and integration with lenders ensures that we can provide advisers with accurate quotes for their customers so they can be assured that they are only talking to customers about loans they qualify for.
“We understand that finding an unsecured or secured loan in today’s market can be time consuming and challenging.
“Ultimately we hope to assist in giving greater breadth of options to their customers in a prompt and accurate way that does not impact negatively on their credit score.”