MCI Club extends into lifetime mortgages with OneFamily
MCI Mortgage Club has extended its range of products to include lifetime mortgages by appointing OneFamily to its lender panel.
"As borrowers’ circumstances get more complex, the range of lifetime mortgages available from OneFamily will be very popular with our members."
Phil Whitehouse, head of MCI Club, said: “Adding OneFamily to our panel of lenders is a great addition for our increasing database of UK mortgage intermediaries. As borrowers’ circumstances get more complex, the range of lifetime mortgages available from OneFamily will be very popular with our members. In particular, their ability to judge each case on its merits, and for intermediaries to speak directly to the underwriters, will be a welcome change in this market so that more customer needs can be satisfied.”
Chris Brown, head of distribution at OneFamily, commented: “We are delighted to have been added to MCI Club’s Later Life panel and to have the opportunity work with its members who are providing lending solutions for their clients. As the third biggest friendly society in the UK, based on membership, and over 40 years’ experience of being a trusted provider of financial solutions for every key milestone, we see genuine value working with MCI Club members.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC