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L&G Home Finance hires two to bolster lifetime mortgages

Legal & General Home Finance has hired two non-executive directors to join industry veteran Stephen Smith.

The firm has hired Target Servicing non-executive director Steve Haggerty and  Barry Meeks.


Haggerty (pictured left) is currently a non-executive director of Target Servicing and has worked for Skipton Building Society, Belmont Green and others.

Meeks (pictured below) is a non-executive director of Portfolio Independent and has held previous positions at Tenet Group and BFC Bank.


L&G Home Finance managing director Steve Ellis says: “Their combined experience and knowledge, alongside that of Stephen Smith, will provide valuable insight and judgement to support the continued growth of Legal & General Home Finance and the wider lifetime mortgage market.”

Stephen Smith will step down at the end of the year but will take up a non-executive director role.



L&G eyes more interest-only lifetime mortgage tie-ups

L&G Home Finance is eyeing another deal that will see the firm offer lifetime mortgages to ageing interest-only customers.  Last week the firm signed a deal to supply equity release loans to Co-operative Bank borrowers with problems paying off their interest-only balance.  L&G announced a similar deal with Santander last year.  Speaking to Mortgage Strategy, […]


L&G to sell lifetime mortgages to Co-op interest-only customers

  Legal & General Home Finance has signed a deal to supply equity release loans to The Co-operative Bank’s ageing interest-only customers. The five-year deal will see lifetime mortgages be marketed as another option to help Co-op borrowers with problems paying off their interest-only balance. They will also be promoted as helping those unable to […]


Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.


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