I write in response to the story that Legal & General and Hanley Economic are offering a two-year deal with no credit scoring.
The reality is that medium to small building societies like the Hanley Economic have been doing this for decades.
But the trouble is that the intermediary market always looks to big lenders because of rate whereas building societies offer flexibility, individual treatment of each case and an underwriter to talk to.
I think the way we approach loans can make us the best choice for your customers.
Why not phone your local society and find out what they do? They won’t always be on Trigold because they get swamped too easily. I deal with a lot of brokers who consider us to be their first port of call for any loan that doesn’t meet super-prime criteria.