The Mortgage Lender partners with Legal & General Mortgage Club
The Mortgage Lender has partnered with Legal & General Mortgage Club to distribute its products.
TML caters for the employed, self-employed, those with impaired credit, lending into retirement and buy-to-let, while it lenders in Scotland as well as England.
Danny Belton, head of lender relationships at Legal & General Mortgage Club said: “A growing number of borrowers have complex financial situations, whether that be issues with credit history that can be easily explained, or perhaps the less than straight-forward workings of self-employment.
“To meet the demands of these borrowers, it’s essential intermediaries have a wide choice of lenders.
“The Mortgage Lender has an offering that will add value for our club members through its criteria, rates, affordability and new buy to let products.
“It also lends in Scotland, which is particularly attractive as this is an underserved area of the market for this type of customer.”
Legal & General Mortgage Club has over 80 lenders on its panel.
Peter Beaumont (pictured), deputy chief executive of The Mortgage Lender, said: “We’re delighted Legal & General Mortgage Club members will have access to our products and look forward to helping their customers through lending for real life.
“Financial hiccups like divorce, lending past retirement and switching to becoming self-employed is just part of real life and we’ve designed products to meet the needs of modern borrowers.
“That’s called real life lending.”