Legal & General Mortgage Club announce new strategic trading relationship with IN Partnership.
02 May 2012
Legal & General Mortgage Club today announces a new Strategic Mortgage Trading relationship with IN Partnership, the IFA and Mortgage Network and National IFA firm.
Under this new relationship, Mortgage Advisers of IN Partnership will have access to a wealth of lending choice and exclusive products not previously available to them, as well as benefiting from many other products and services that the Club offers. IN Partnership has around 450 IFA's and Mortgage Advisers who completed in excess of £1.8 Billion of lending in 2011, making this a significant addition to Legal & General Mortgage Club.
Commenting on the new relationship, Kevin McDonagh, Chief Executive IN Partnership said,
"We are committed to our members having access to the widest possible range of mortgage products on the best possible terms, in order that they can satisfy their clients' needs. There have been a lot of changes in the intermediary sector over the last few years and we felt we needed to further expand our options and facilities to our members.
Our new relationship with Legal & General Mortgage Club brings more choice, value and convenience to our members and also widens and strengthens the strategic engagement we already have with Legal & General across other product lines.
We are delighted with this new announcement which compliments our business focus on growth, profitability and our investment strategy, together with our RDR and MMR ready technology project and programme of Transitional and Client proposition workshops for members.
Ben Thompson, Managing Director, Legal & General Mortgage Club said,
"IN Partnership is precisely the type and quality of business that we want to be striking closer links with. It is clear that lenders are increasingly going to look at the quality of mortgage distribution and will reward those that can demonstrate high standards as well as of course scale. The link with IN Partnerhship will help us to build further volume and quality to the Club, as well as provide us the opportunity to work with their management to look at ways to unlock new financial planning opportunities for their members and IN Partnership. We are delighted to be working together."
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 31 December 2011, we were responsible for investing £378 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 please contact:
PR Manager, Legal & General Group
t: +44 (0) 20 3124 2092
m: +44 (0) 7764 582574