L&G Club to celebrate 20th anniversary in London
Since launching in 1995 with 407 products the Club now offers 4,000 products to 8,000 members.
L&G Mortgage Club is now the largest mortgage distributor in the UK with a 30% share of the intermediary market.
Tonight’s Mortgage Club Awards will recognise both lenders and advisers for their contribution to the sector.
Jeremy Duncombe, director of Legal & General Mortgage Club, said: “The Club would be nothing without its members, so we are very much looking forward to celebrating the successes of our brokers and lenders at the 2015 Mortgage Club Awards on Friday.”
He added: “Since the launch of the Mortgage Club in 1995, we have seen major shifts across the industry, from regulatory changes to economic upturns and downturns.
“In fact, the very way in which business is carried out has evolved. Twenty years ago, proc. fees largely didn’t exist. Today, they have become the basis of the distribution model.
“The Club has aimed to provide our members with support and guidance through all these shifts.”
“Our high quality channel allows them access to exclusive products as well as tools such as Mortgage Club TV, payment on exchange and the Mortgage Club Roadshow, which are designed to aid intermediaries’ in their day to day activities.”
L&G Mortgage Club expect to make £44bn worth of completions in 2015.