The Melton offers residential mortgages up to 95% loan-to-value (LTV) for purchases and remortgages alongside niche lending products which include buy to let, holiday let, self build, shared ownership and short-term lending. Credit repair mortgages are offered through the MBS Lending brand.

Last month, Legal & General launched an equity release mortgage referral panel in a bid to raise the profile of the equity release sector among residential mortgage brokers.

Four equity release specialists will sit on the panel: Key Partnerships, Age Partnership, Responsible Life and Bower Retirement.