Landbay is to offer L&G club members its products, including mortgages for portfolio landlords, first-time landlords, limited companies and new build properties.
Advisers will also have access to Landbay’s online intermediary portal, which has features such as case tracking and a property portfolio key.
Paul Brett, managing director intermediaries at Landbay, (pictured) said: “A raft of regulatory changes in recent years has meant that more and more buy-to-let cases now have specialist requirements, and therefore usually require a specialist lender to underwrite them.
“Working with Legal & General Mortgage Club will allow us to open up our expertise to a strong network of brokers across England and Wales, filling a gap for those who feel they aren’t getting the necessary support from some of the mainstream lenders at this confusing time.”
Connect adds Secure Trust
At the same time, Secure Trust Bank has joined the panel of Connect for Intermediaries mortgage network and packaging arm.
Directly authorised brokers can also use Connect’s packager arm.
The lender provides mortgages for the self-employed, contract workers, people with complex incomes, older borrowers, and those with a recently restored credit history.
Liz Syms, chief executive of Connect for Intermediaries, said: “The addition of Secure Trust Bank to our panel means brokers that use Connect for Intermediaries will have access to a lender offering unique and affordable solutions both for self-employed clients and those with complex incomes.
“Connect constantly strives to find partnerships and solutions for brokers, enabling them to provide the best possible customer outcomes.”
Tony Hall, head of sales and marketing at Secure Trust, added: “Partnering with Connect for Intermediaries was a logical step for us at Secure Trust Bank Mortgages as their broker community help clients from across the lending spectrum.
“We look forward to the new opportunities this partnership represents in our mission to provide residential mortgage products to customers who are underserved by the high street lenders.”