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New Street to sell B2L through Legal and General club

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New Street Mortgages is now distributing buy-to-let products through Legal and General Mortgage Club.

The lender is initially selling its buy-to-let products through the club’s Nouveau Firms.

All Nouveau firms will have access to a pilot product range New Street launched in February.

Northview Group distribution director David Finlay says: “New Street Mortgages is proud to announce news of our new partnership with Legal & General Mortgage Club.

“Nouveau has a strong proposition, encompassing firms that maintain a commitment to a high standard of risk and compliance controls.”

Legal & General Mortgage Club director Jeremy Duncombe says: “This partnership serves to strengthen Legal & General’s position in the intermediary lending market as a trusted, go-to distribution partner. We are excited about the prospect of bringing New Street’s sophisticated analytics-driven products on board.”

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