L&G Network launches online tool to match consumers and brokers
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Legal & General Network is launching a mortgage comparison tool for consumers that matches them to a broker.
The tool will be available through the firm’s website and will allow borrowers to search for a mortgage by matching their requirements to a list of products.
One a consumer selects a product they will be allocated one of six participating advisory firms and can choose a day and time they wish to be contacted by the brokerage.
The comparison tool will also feature best buy tables for remortgage, buy-to-let and other mortgage types as well as mortgage calculators for affordability and repayments.
Duncan Crocker, managing director of Legal & General Network, says that the majority of customers now carry out research online before visiting a mortgage broker and it is therefore the responsibility of the industry to support those looking for mortgages online as far as possible.
He says: “The launch of our mortgage comparison tool is part of a planned series of innovations designed to help customers and intermediaries alike to make well informed decisions when it comes to choosing mortgage products.
“This is a great example of how the Legal & General Network can make a real difference to our trading partners’ performance by using our corporate credentials to their benefit.”
TrigoldCrystal says its technology will be used to run the searches and deliver the data for the system.
Patrick Shuker, chief technical officer at TrigoldCrystal, says: “This is another great endorsement of our new research technology and will help consumers to navigate the confusing world of mortgages.”
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