Legal & General Mortgage Club has welcomed Hinckley & Rugby Building Society to its panel.
Hinckley & Rugby’s range of mortgage products – including residential, buy-to-let, portfolio, offset, self-build and new build – is now available to Legal & General’s member intermediaries.
Danny Belton, head of lender relationships at Legal & General, said: “Hinckley & Rugby Building Society have demonstrated the ability to be innovative in this ever-changing mortgage market and I look forward to working with them on new products and criteria that will bring further benefit to our brokers and their customers.”
Along with the products, Legal & General’s member intermediaries will get access to Hinckley & Rugby’s new business referrals committee, which meets daily for senior executives and underwriters to consider cases.
The Society aims to assist with unusual scenarios, including family and first-time buyer friendly initiatives such as 95% LTV lending, joint borrower sole proprietor, guarantor, gifted equity and multiple applicant mortgages plus BTL-friendly initiatives such as top slicing, BTL offset and loans to portfolio landlords.
“We are excited to be offering our competitive products and tailored approach to the members of Legal & General Mortgage Club,” Carolyn Thornley-Yates, head of sales and marketing at Hinckley & Rugby, said.
“Legal & General intermediaries can be assured that, as a non-scorecard lender, we will always be open to looking at applications in the round and our manual underwriting ensures that if we can lend, we will.”