Cover deal prompts network expansion

Mortgage Match plans to boost its network size from 25 to 40 in the next 12 months after signing a deal with Legal & General.

The deal means Mortgage Match’s appointed representatives will be able to sell the insurer’s life and protection products.

Mortgage Match was formed in August 2001 by former Future Mortgages BDM Ian McPherson and former UCB Home Loans BDM Amo Ruprai.

It has since gone on to become one of the South East’s leading mortgage packagers, dealing in the sub-prime, buy-to-let and self-cert markets. It processes over 7,000 mortgage applications per year, totalling in the region of 500m.

Under the L&G deal, MM appointed representatives will be able to offer buildings and contents insurance and mortgage term and decreasing term assurance. The range also includes mortgage critical illness, decreasing critical illness cover, accident sickness and unemployment cover and MPPI.

ARs will also be able to offer term assurance, family and personal income plans and income protection benefits.

McPherson says: “We have a quality lending panel and by establishing this relationship with Legal & General we are able to offer a more comprehensive mortgage package than many other organisations.”

Duncan Crocker, managing director of retail distribution at L&G, adds: “Mortgage Match has been growing rapidly and is now processing over 7,000 mortgage applications per year.

“We are pleased to be able to offer its customers our competitive range of protection products to complement its proposition.”