Connect Mortgage Club’s buy-to-let panel now includes Fleet Mortgages.
Members of the specialist buy-to-let network can now access the new lender’s range of mortgage deals via its exclusive agreement with Legal & General Mortgage Club.
“We are delighted to be able to offer our network members access to these excellent new buy-to-let products,” said Liz Syms (pictured), managing director at Connect Mortgage Club.
“Finance options for HMOs and limited companies in particular are lacking in the current market, especially at competitive interest rates. Intermediaries require more channels that cater for slight finance complexities at affordable rates in order to better meet the requirements of their clients.
“This new offering from Fleet Mortgages demonstrates their commitment to support the buy-to-let intermediary sector and adds healthy competition within the non-mainstream market. Fleet Mortgages’ niche criteria combined with competitive rates and high LTVs mean its products are well positioned within the market and we are confident they will prove very popular within the broker community.””
Bob Young, CEO of Fleet Mortgages, said: “Our focus at Fleet Mortgages has initially been on working with a small number of quality distributors and we are therefore very pleased Connect members now have access to our product range via Legal & General Mortgage Club.
“Since our launch we have been overwhelmed by the positive response to our proposition from the intermediary market and this has instilled greater confidence that our offering – which is aimed at experienced landlords – is targeting the right, previously underserved, areas of the buy-to-let market.
“It has been a very positive start to the year for Fleet Mortgages and we are looking forward to working with more intermediaries and to establishing a mutually beneficial relationship with everyone at Connect.””
Jeremy Duncombe, director of Legal & General Mortgage Club, said: “We always work hard to add exclusivity and incremental value to our members, and the appointment of Fleet Mortgages does exactly that. We are also delighted to be able to work exclusively with Connect to provide great products, procuration fees and service to their members.”
