Fluent and CSC join Legal and General panel

by: Christine Toner
  • 27/09/2017
  • 0
Fluent and CSC join Legal and General panel
Fluent Money and CSC Loans have joined Legal and General's second charge panel, it has been announced.

The pair will join existing member, Freedom for Intermediaries, on the panel.

Danny Belton (pictured), head of lender relationships, Legal & General Mortgage Club, said: “The second charge market is growing as more brokers look to this sector to help their customers, however not all brokers want to write this business themselves.

“We now have three master brokers that will support our brokers and their customers by providing real choice in this field, and it is great to be able to announce the addition of Fluent Money and CSC Loans to the panel. There could be a variety of reasons as to why customers might need a second charge loan, and brokers can be sure that this panel offers them the advice and expertise that can help secure a better outcome for their customer.”

Mark Fry, managing director, CSC Loans added: “Sixty five percent of the cases we completed in July were from introducers that had completed a case with us in the previous three months, suggesting that brokers are beginning to start considering second charges as part of their sales process.”

Legal & General launched its master broker panel in 2015 to help brokers in the run up to MCD. Last year it also launched a second charge lender panel, featuring the likes of Precise Mortgages, Prestige Finance, Paragon Bank and United Trust Bank.

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