Legal & General Surveying Services has partnered with Accord Mortgages for its new build proposition.
Kevin Webb (pictured), managing director said:” Since its launch in 2015, our new-build proposition has gone from strength to strength and we now support over 30% of the UK’s new-build market.
“Our real-time management information and our experienced new-build team mean lenders can really understand and make the most of the lending opportunities the market offers while remaining confident in the lending exposures they face. Our model helps Accord lend proportionately according to criteria such as Loan To Value, build type, and site location.”
Jeremy Duncombe, director of Accord Mortgages, said: “We’re really pleased to partner with Legal & General Surveying Services.
“We understand that the new-build market is different, has a number of different challenges and that it requires dedicated expertise in order to deliver a compelling proposition for our brokers.
“With Legal & General Surveying Services, we’re able to meet these challenges and to look for ways to add value. This might be by providing early certainty on whether we’ll lend on a particular development, or ensuring day one instruction of valuations.
“We are now a new-build lender, not just a lender that does new-build. That’s why we’ve invested in the creation of new-build specific teams, alongside improved criteria, to provide an end-to-end, first-class service to brokers.”