This will give the firm’s advisers access to the lender’s products, including mortgages for single-unit properties up to 80% loan to value (LTV), mortgages for properties with more than one unit up to 75% LTV, and its specialist range for more uncommon property types.
Advisers will also be able to advise on Quantum Mortgages’ expat and foreign national range, which is available up to 75% LTV.
Spencer Gale, head of networks and clubs at Quantum Mortgages, said: “We are delighted to be working with L&C Mortgages. Having launched back in 2000, they have helped over two million people find the right solution for their clients.
“As the number one fee-free mortgage broker, they have developed unrivalled experience and expertise in this sector. Our proposition for the experienced and professional landlord will enhance the lenders they currently have on their panel, and I am confident we will add value to L&C Mortgages’ landlord customers.”
In 2023, L&C Mortgages facilitated more than £13.2bn of mortgage applications and completed £10.3bn in mortgage business.
Simon Hendy, chief relationship officer at L&C Mortgages, added: “It’s fantastic to enhance our lending panel with the addition of Quantum Mortgages. This partnership provides our advisers with access to another great specialist lender whose product offering is extremely broad and will undoubtedly help them to find the right solutions for their clients.
“Quantum offers a personal and common-sense underwriting approach that fits in well with our own commitment to meeting customer needs and offering an enhanced customer experience.”
Last month, Quantum Mortgages revealed it was planning its first securitisation this summer, following a record month for applications in February.
The lender, which launched in 2022, also reported £350m in new mortgage lending for 2023.
