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MD of L&G Mortgage Club leaves for Towergate

Legal & General has confirmed Ben Thompson is leaving after a year as managing director of L&G mortgage club.

Thompson is set to head to insurer Towergate following six months of gardening leave.

Stephen Smith, director of housing at L&G, says: “We have been delighted with the work Thompson has done for us over the last year and will be sad to see him go, but wish him well for the future.”

Smith says L&G will now start the process of looking for a replacement to run the L&G Mortgage Club.


Remortgage business increases in July

The Council of Mortgage Lenders has seen an increase in remortgage business in July, up 14% in volume and 16% in value from June.

Lifetime Isa – how it works

According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]


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