The system will aid brokers looking to help customers raise additional finance in situations where a remortgage is not available or suitable.
Ben Thompson, managing director, Legal & General Mortgage Club, said: “By having access to The Lending Wizard, our advisors can quickly and easily explore other options.
“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 of The Lending Wizard, added: “Our technology and integration with lenders ensures that we can provide advisors with accurate quotes for their customers, so they can be assured that they are only talking to customers about loans they qualify for.”
