Legal & General Mortgage Club has launched a Green Hub to support the mortgage sector as the UK moves closer to its net-zero emissions target. The hub also includes webinars on topics ranging from green mortgages to whether the Green Agenda will impact mortgage affordability. All webinars are available for viewing upon request. Legal & General Mortgage Club is the largest and oldest mortgage club in the UK. We are involved in almost 1 in 5 mortgages in the UK, and we are involved in almost 1 in 3 of all mortgages negotiated. Now in his 26th year. This year, it has closed over £668 billion in mortgages and is proud to add value to its advisors by working closely with new and existing lenders to offer great products, prices and criteria, simply improving the process of finding the right mortgage. www.legalandgeneral.com/adviser/mortgage-club/ Provides information and support to brokers to help them better understand the mortgage market and the opportunities it offers. While waiting for our data for January 2022, we can consider what this new year could bring. Current affordability pressure and uncertainty around future interest rates could shift borrowers` preferences toward the convenience of a longer-term fixed-rate product, or stimulate the search for interest-free mortgages that minimize monthly expenses. However, looking back at the profound changes of the past three years, it is difficult to give a confident forecast of what we might face for the rest of 2022.
Legal & General Mortgage Club is one of the largest and oldest mortgage clubs in the UK, having made £667 billion in mortgages since 1995. We are involved in almost a fifth of all mortgages in the UK, in addition to almost a third of all mortgages negotiated. The Mortgage Club is proud to add value to the advisor community by working closely with new and existing lenders to offer great products, prices and criteria. Our popular SmartrFit tool, which is free for advisors, combines an affordability calculator with lenders` criteria to provide accurate and fast results and make it easier for advisors to spend time where it counts. The system will now include hyperlinks to the lender on the results page so advisors can click directly on the lender, making the mortgage realization process as easy as possible. Advisors will now be able to print lenders` results, so they have a physical record to discuss with their clients. Legal & General Mortgage Club today announced a number of enhancements to SmartrCriteria, its easy-to-use digital criteria search engine, based on feedback from advisors. The stamp duty holiday, combined with the haphazard savings that some have accumulated during the various lockdowns in the UK, has generated significant interest in the market among first-time buyers.
According to the SmartrCriteria tool, “first-time buyers” were the third most searched criterion in 2020; A trend that continued the following year, when the term took fourth place. Legal & General agrees to buy back around £13 million for Jarvis Group Limited`s pension plan Against the backdrop of stamp duty rush, first-time buyer searches have increased by 64% compared to 2021 We offer a wide range of annuity solutions tailored to all your clients` needs. Available with a wide range of protection products to give you and your customers more choice, more protection and more support. The Hub also brings together a wide range of useful resources from Gov.UK, Ofgem, Simple Energy Advice and Energy Saving Trust. In addition to searching for criteria for a specific client, the advanced system will also include a generic search feature that will allow advisors to find lenders that deal with specific types of businesses. Some key partners can also access their litigation fee history in ClubHub, and Legal & General Mortgage Club is working with advisors to further deploy this process. The appetite for these properties extended into last year, with vacation rental searches up 25% in 2021, even though the search term fell on the eighth most popular location. Keystone Property Finance is a specialized purchase lender for intermediaries only. They will examine how lenders can help expat applicants with complex case requests. Join Sales Director Phil Riches on Friday, October 28 for this informative presentation.
Founded in 1836, Legal & General is one of the UK`s leading financial services groups and a major global investor with over £1.4 trillion in assets under management*, a third of which is international. We also offer powerful asset creation capabilities. Together, they underpin our industry-leading pension and security solutions: we are a leading international player in pension transfer, life insurance in the UK and the US, and occupational pensions and retirement income in the UK. Through inclusive capitalism, we want to build a better society by investing in long-term assets that benefit everyone. Legal & General has a clear goal: to improve the lives of our clients, build a better society in the long term and create value for our shareholders. This includes opinions from industry experts, including those from Danske Bank UK, LendInvest and West One Loans. The information contained in this press release is intended for journalists only and should not be relied upon by private investors or any other person to make financial decisions. Women are more vulnerable to cost-of-living crises, says new report “The record temperatures seen in the UK in recent weeks highlight the importance of supporting the Green Agenda.
Legal & General Mortgage Club today announced the completion of an API-driven integration with Kensington Mortgages, allowing advisors using the SmartrFit tool to access lender criteria and lending options through open banking technology. The 12-month Net Promoter Score (NPS) of our customer service is above +70, which is widely considered a “world class” level. The tax break has also attracted interest from foreign buyers, with the search for visa-holding borrowers being the most sought-after criterion in 2020 and 2021.