L&G Mortgage Club is one of the largest and longest-running mortgage clubs in the UK. Now in our 26th year, we have completed £667bn of mortgages since 1995, with £77.7billion of lending in 2020 alone.
Legal & General shape all aspects of the housing market, from building new homes, to investing in urban regeneration across the UK. Our inclusive capitalism strategy and thought leadership helps underpin everything we do at the Mortgage Club. By pioneering ways to make a difference to our communities and shareholders, we are completely invested in the mortgage market from a range of entry points – including supporting intermediaries to ensure their clients get the best outcome for their circumstances.
Key recent achievements include:
- Embedding SmartrFit, our innovative affordability, criteria and product example research tool, across the market. SmartrFit recently celebrated its 1st anniversary, and now has over 4,500 users and counting
- At a time when specialist lending is needed more than ever, we added Bridging onto SmartrCriteria.
- We championed the value of advice in the national press and used our influential position to share thinking with the Treasury on the benefits of extending the stamp duty holiday
- We’ve enabled advisers to have direct access to lenders including Barclays, HSBC, Lloyds Banking Group, Nationwide and NatWest, to discuss ongoing challenges and provide invaluable feedback on service levels and product availability
The Club is on an exciting digital transformation journey, defining how technology can make advisers jobs easier so they can spend more time with their clients. 2021 has seen an acceleration of our trajectory on this path through expansion of our free tech product range – now with integration options for both advisers and lenders.
We offer ongoing education and insight to our adviser community through our extensive CPD-supported events programme. We didn’t let the pandemic slow us down and pivoted to an immensely successful virtual model which is here to stay. We now have over 7,600 subscribers to our virtual channel which provides regular educational content, and our 2-day 2021 Virtual Summer Conference generated over 1,000 views.
Beyond all the investment, PR, accolades and business initiatives, ultimately as a mortgage club, we care deeply about our members and the quality of our relationships with them. We strive to do all we can to enable and empower them to grow their business, navigate the ongoing pandemic and beyond, work as efficiently and smartly as possible, and develop their knowledge to provide the best possible outcome for their clients. We’re committed to working with pace and energy to help the intermediary market overcome challenges and make the most of opportunities.
We take immense pride in being a voice for the industry and a positive disruptor across the market. A testament to this ambition is the 837 pieces of coverage achieve year to date, helping to shape the debate in the industry and move the mortgage market forward to help advisers and consumers. As we look ahead to the future, we’re working collaboratively with both lenders and advisers to improve product innovation for consumers. This collaboration also extends to building a better society through increased innovation and sustainability across the entire housing eco-system.