L&G to distribute Cambridge BS buy-to-let loans


Legal & General Mortgage Club is now selling buy-to-let loans from Cambridge Building Society.

The lender covers England and Wales.

Cambridge head of lending Tracy Simpson says: “We’ve been investing heavily since 2015 in IT infrastructure, processes and people needed to support higher levels of lending and this announcement is all part of growing our mortgage book by capitalising on this investment.”

Legal & General Mortgage Club head of lender relationships Danny Belton says: “This is a bold yet positive move for The Cambridge. Legal & General Mortgage Club works closely with The Cambridge in developing their proposition, and it is one that our members have requested more access to.”



Bluestone launches interest-only buy-to-let

Bluestone Mortgages has today introduced an interest-only buy-to-let option. The lender says it is targetting customers who want lower monthly costs. The new loans will be available for customers on Bluestone’s ‘Clear’ or ‘AAA’ products with a maximum LTV of 80 per cent. Top slicing with income will be available on all interest-only buy-to-lets, with a […]

The death of retirement – a boost for protection?

According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]


News and expert analysis straight to your inbox

Sign up