The Legal & General Mortgage Club is one of the UK’s longest running mortgage clubs. Lenders available via the club provide mortgage products for first time buyers, existing home owners wishing to move to a new property or re-mortgage, and landlords.
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Legal & General Group PLC is a multinational financial services company. Its headquarters are in London, but it has operations all over the world. Legal & General was created in 1836 by a small group of lawyers. To begin with the society was strictly for those in the legal profession, but it soon grew and by the early 20th century the group had acquired overseas life assurance and pensions companies.
Legal & General Mortgage Club, like all mortgage clubs, is designed to introduce directly authorised advisors to lots of different lenders. This allows mortgage advisors to offer their clients a snapshot of the entire mortgage market. Customers using a mortgage broker who is a member of the Legal & General Mortgage Club will have access to all of the big name high street lenders, including Halifax, Santander, and Aldermore, plus a host of smaller building societies.
Legal & General Mortgage Club mortgages are suitable for most customers. Products available are for first time buyers, existing home owners wishing to move to a new property or re-mortgage, and landlords. The main markets available through the Legal & General Mortgage Club include re-mortgage, buy to let, offset and new build.
There are also a wide range of Legal & General Mortgage Club mortgages in the specialist lending sector. Specialist mortgages on offer through the Legal & General Mortgage Club include self build, high net worth lending, Islamic finance, equity release, overseas mortgages and bridging loans.
Legal & General Mortgage Club mortgages are not the only products on offer. The mortgage club also offers a number of other complimentary services for customers, including general insurance products, conveyancing services, savings and investments, and protection products.
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