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L&G Mortgage Club adds two members to second charge panel

Legal & General Mortgage Club has added Fluent Money and CSC Loans to its second charge panel.

The lenders will join existing member Freedom for Intermediaries on the panel and will have access to L&G’s master brokers.

Legal & General head of lender relationships Danny Belton says: “The second charge market is growing as more brokers look to this sector to help their customers, however not all brokers want to write this business themselves.

“We now have three master brokers that will support our brokers and their customers by providing real choice in this field, and it is great to be able to announce the addition of Fluent Money and CSC Loans to the panel.”



‘Car crash’ expected in BTL market following PRA changes

The buy-to-let market is set to be a ‘car crash’ following the implementation of underwriting changes for portfolio landlords, according to an industry expert. Speaking on a panel at the Financial Services Expo in London today, Mortgages for Business chief executive David Whittaker (pictured) said a combination of lack of knowledge among landlords and an absence […]

Precise Mortgages reveals online portfolio proposition

Precise Mortgages is adding its portfolio proposition to its website ahead of the PRA changes for portfolio landlords. The specialist lender is looking to help brokers preparing for the Prudential Regulation Authority’s changes for portfolio landlords. Precise is publishing new documents and details of the process brokers will need to adhere to after the changes […]

Pepper Homeloans rebrands as Pepper Money

Specialist intermediary-only lender Pepper Homeloans is changing its name to Pepper Money ‘imminently’. According to the lender’s website, the rebrand will be followed by a new application portal and a range of fresh products. Pepper Homeloans managing director Colin Snowdon says: “The name change is the final phase of a global rebranding exercise for the […]


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