L&G Mortgage Club adds news lenders to SmartrFit tool

Legal & General Mortgage Club has added six lenders to its SmartrFit tool, which allows advisers to determine suitable mortgage providers for their clients.

Results for Aldermore Bank, Bank of Ireland, Leeds Building Society, Pepper Money, Vernon Building Society and the Post Office will now be available when completing searches through the tool.

The mortgage club highlighted that these additions will broaden the range of results that advisers can access through the SmartrFit tool, meaning users can access options for all types of borrowers – including applicants with standard criteria through to complex borrowers, such as the self-employed.

“Our SmartrFit tool provides advisers with accurate results based on a wide range of lenders as well as significant time savings when completing searches for clients,” commented L&G Mortgage Club head of mortgage transformation and operations, Clare Beardmore.

“These additional providers will ensure there’s even more choice for our users, especially beyond high street lenders. By involving specialist and more bespoke mortgage lenders, such as Aldermore and Vernon Building Society, we are enabling access to a broad range of providers which may prove particularly useful when sourcing for applicants with complex borrowing needs.”

Vernon Building Society business development manager, Caroline Shard, added: “The Vernon is really excited to join SmartrFit and to be a part of this innovative system. We believe it will change the way brokers source lenders.

“With a quick and precise approach for the broker and ultimately providing an excellent client journey. While also enabling more niche lenders to stand out with products and criteria working in conjunction in one place. We look forward to working with Legal & General and its broker network at this exciting time.”

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