This means Hinckley and Rugby’s range of mortgage products is now available to Legal and General’s member intermediaries, including residential, buy to let, portfolio, offset, self-build, and new build.
Legal and General’s intermediaries will also have access to Hinckley and Rugby’s new business referrals committee, which meets daily for senior executives and underwriters to consider complex cases.
Legal and General head of lender relationships Danny Belton (pictured) said: “Hinckley and Rugby Building Society is a welcome addition to our lender panel. They have demonstrated the ability to be innovative in this ever changing mortgage market, and I look forward to working with them on new products and criteria that will bring further benefit to our brokers and their customers.”
Hinckley and Rugby head of sales and marketing Carolyn Thornley-Yates said: “We are excited to be offering our competitive products and tailored approach to the members of Legal and General Mortgage Club.
“Legal and General intermediaries can be assured that, as a non-scorecard lender, we will always be open to looking at applications in the round and our manual underwriting ensures that if we can lend, we will.”
At the end of last year, Hinckley and Rugby Building Society introduced a senior management panel to review complex mortgage applications.
The mutual’s Mortgage Referrals Committee is formed of six senior staff to consider complex and niche mortgage applications and enquiries from brokers.