LendInvest expands residential distribution through L&G

LendInvest has launched its residential mortgage product to Legal and General Mortgage Club members.

The Club’s member firms will now be able to access LendInvest's new residential range, as well as its buy-to-let and HMO mortgage products.

The residential mortgage product is designed to serve borrowers with multiple sources of income, the self-employed and small-business owners, with a bespoke product set to support key workers.

This partnership supports the business’s ambition to ramp up the distribution of its Residential Mortgages product on a national level.

Esther Morley, MD for residential homeowner at LendInvest, commented: “We are thrilled to announce the latest milestone in our ongoing commitment to providing innovative mortgage solutions.

“By extending access to our new residential mortgage range, we are taking another significant step towards enhancing our suite of products to cater to the diverse needs of borrowers. This development aligns seamlessly with our mission to empower homeowners with accessible and efficient mortgage options.

“Partnering with Legal & General, a stalwart in the mortgage industry with its extensive network and renowned mortgage club, underscores our commitment to collaboration and customer-centricity.”

Clare Beardmore, director of Legal & General Mortgage Club, added: “Giving brokers access to more product choice and specialised solutions is vital to ensure borrowers get an outcome that is right for them.

“By partnering with LendInvest to provide our members access to their residential, buy-to-let and HMO mortgages, we are continuing to support the brokers we work with and providing the tools they need to meet their clients’ needs.

“The partnership will not only help brokers simplify the most complex cases through the use of LendInvest and Legal & General’s proprietary technology, but will also support borrowers through what can be one of the most stressful times of their lives.”