Legal & General Mortgage Club has revealed that during the first half of 2018, it welcomed nine new lenders to its panel.
The nine were: Chorley Building Society, Newbury Building Society, Together Money, Earl Shilton Building Society, Landbay, Marsden Building Society, The Mortgage Lender, Interbay and Swansea Building Society.
The new partnerships are part of Legal & General Mortgage Club’s growth plans to offer more choice and support to customers through its intermediary partners and to help continue to grow the intermediary mortgage market, which is currently responsible for 70% of applications submitted to lenders.
Recent research by Legal & General Mortgage Club showed that 81% of homeowners who have bought a property in the last 12 months recommending a broker if they were securing their first mortgage again.
Legal & General Mortgage Club has also made a number of recent additions to its services, including a chat facility for its Mortgage Support Services.
Danny Belton, head of lender relationships at Legal & General Mortgage Club, said: “It’s been a fantastic six months for Legal & General Mortgage Club. The intermediary mortgage market continues to go from strength to strength, both in terms of acquisition business and product transfers, and it’s great to see more customers are receiving professional advice.
“The new partnerships we’ve secured have supported that goal, bringing more choice to our intermediary partners and their customers, but we continue to look for ways to improve our offering and ultimately help more of Britain’s borrowers find the mortgage solutions they need.”