Northern Bank joins Legal & General Mortgage Club.
20 January 2012
Legal & General are pleased to announce that Northern Bank has joined the Mortgage Club for their appointed representatives in Northern Ireland.
The club, part of the Legal & General Network, whose members include specialist mortgage intermediaries, IFA’s and Legal & General’s business partners, is one of the largest mortgage distribution networks in the country and this new deal ensures that advisers and customers in Northern Ireland can benefit from a comprehensive and competitive product range.
Northern Bank is part of the Danske Bank Group and one of the leading banks in Northern Ireland with over 200 years service. Their Base Rate Tracker mortgage has been awarded a 4 Star Best Buy Rating by Moneyfacts the UK’ s leading financial comparison website.
Northern Bank offers First Time Buyer mortgages up to 95%LTV, plus a range of incentives and help with legal fees and valuation costs are available with some products. A specialist support team based in Belfast handles all the applications.
Martyn Smith, Head of Mortgage Products, Legal & General Mortgage Club said
“I am delighted to welcome Northern Bank to the Mortgage Club. They are experienced lenders in the Northern Ireland market and our members now, have greater choice and access to a wide range of competitively priced products for properties in that part of the UK. Legal & General's Network has an excellent reputation in the market for delivering quality mortgage business to lenders and this was one of the key reasons that Northern Bank chose to do business with us".
Mark Beattie, Head of Products at Northern Bank said:
“Our new relationship with Legal and General Mortgage Club gives us an ideal opportunity to work closely with their appointed representatives in Northern Ireland to offer more choice for their customers. We offer a range of competitive mortgage products, for first time buyers, people moving house or homeowners simply looking for a better deal. But importantly, our product offering is further enhanced by our knowledge of the local market and local decision making. We have ambitious objectives to increase our market share and look forward to working together with the Mortgage Club.”
Notes to editors
The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 30 June 2011, we were responsible for investing £370 billion worldwide on behalf of investors, policyholders and shareholders. We also had over seven million customers in the UK for our life assurance, pensions, investments and general insurance plans.
For more information about Legal & General Mortgage Club, visit www.Legal & General/mortgageclub.com
To find out more about Northern Bank please visit www.northernbank.co.uk
For more information please contact:
PR Manager, Legal & General Group
t: +44 (0) 20 3124 2092
m: +44 (0) 7764 582574