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Together added to Legal and General Mortgage Club panel

  • 12/02/2018
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Together added to Legal and General Mortgage Club panel
Specialist lender Together has been added to Legal and General Mortgage Club’s distribution panel, opening its availability to more than 6,000 brokers.

The lender will be offering first charge residential mortgages of up to £1m – including capital and interest-only options, as well as its specialist buy-to-let mortgages and bridging finance.

Brokers in the mortgage club will have access to Together’s online portal, where they can submit cases. The move follows a spate of partnership announcements by Together as it aims to grow its intermediary business.

Together group intermediary relationship director Richard Tugwell said it would assist in many cases that the mainstream may not be able to help with including complex income streams, unusual properties and adverse credit.

“The specialist lending market is seeing strong growth as more and more customers find themselves falling short of the mainstream criteria for a whole host of reasons, and that’s where we can help,” he said.

Legal & General head of lender relationships Danny Belton added: “It is important for the Legal & General Mortgage Club to provide access to a range of lenders across all mortgage sectors to our members.

“As the specialist sector continues to grow, it is great to be able to strengthen our proposition by adding new lenders such as Together onto our panel.”

Together announced record financial results last year, with annual lending to 30 June 2017 at close to £1.2bn, and a current loan book of more than £2.37bn.

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