Legal & General Home Finance expands to Solihull

Ryan Bembridge

April 4, 2017

Legal & General Home Finance will relocate to a larger Solihull office in early May.

The lender is moving to Chadwick House at Blenheim Court, owned by a fund advised by property management company Clearbell Capital under a 10-year lease.

L&G Home Finance is looking to expand its headcount to around 100 by the end of 2017, having already tripled its workforce since 2015 after it acquired Solihull-based New Life Mortgages in February of that year.

Steve Ellis (pictured), managing director of Legal & General Home Finance, said: “We have ambitious plans to expand further.

“As borrowing in retirement becomes a more popular choice for the next generation of retirees, we look forward to a successful future at Blenheim Court where we are confident Legal & General can continue to build its presence in the lifetime mortgage market and create more jobs in Solihull.”

Dominic Moore, asset management director at Clearbell, said: “We have seen strong interest in Blenheim Court since acquiring the asset last year, and expect this to build as we continue to upgrade the space.

“Solihull is well placed to benefit from local economic and investment trends, and its transport links, facilities and high quality housing stock add up to a compelling proposition as a business location.”

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