Mortgage News
Legal and General adds LV to later-life panel
Legal and General Mortgage Club has added LV to its direct-to-lender later-life panel, which launched earlier this year.
The panel was set up to support the club’s members giving advice in the retirement sector.
It forms part of a hub which offers advisers the option of either submitting cases directly to the lender or referring the client to a master broker. The hub also offers educational support and market news on the sector.
LV joins four other firms; L&G Home Finance, Hodge Lifetime, Pure Retirement and More 2 Life.
Jeremy Duncombe (pictured), director, Legal & General Mortgage Club, said the addition of LV was testament to the strength of the club.
“The addition of LV follows on from our direct-to-lender second charge panel, complementing the master broker panels we have for both propositions,” he said. “We ensure we supply choice for brokers, however they wish to access lenders.”
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The club launched its panel of second charge lenders in May, offering its members direct access to Precise Mortgages, Prestige Finance, Paragon Bank and United Trust Bank.