Market Harborough BS joins L&G lender panel

September 8, 2023 by Brendan O'Neill

Lenders

Market Harborough Building Society has become the latest mortgage lender to join the lender panel for Legal & General Mortgage Club, meaning advisor members can now access its products.

The range of products offered by Market Harborough BS includes specialist remortgage and mortgage loans that come with 75% maximum loan-to-value (LTV). The lender also offers assistance for both mortgage advisors and clients who are facing complicated financial situations. This may refer to bridging loans, among other things, and should spell good news for advisors and the public at a time when the market for specialist mortgages is growing rapidly.

Legal & General Mortgage Club director Clare Beardmore told Mortgage Introducer that:

“With the market continuing to move at pace, it is crucial that we continue to evaluate our relationships and services. We are proud of today’s announcement, and the results we expect it to offer to our trusted brokers.”

Iain Kirkpatrick from Market Harborough BS echoed these sentiments and said that this was a fantastic time for the company to join forces with Legal & General. He pointed out that its advisor members would be able to benefit from the Case Hub online system for making mortgage applications simpler, as well as the 24-hour minimum notice period for product withdrawals.

He concluded by saying that the building society looked forward to working alongside these advisors.

The specialist market is one that advisors are applying their CeMAP course knowledge to for more clients at the moment, so access to more specialist products will surely be welcomed with open arms.