Legal & General Mortgage Club has added April Mortgages to its lender panel.

The move will initially provide HL Partnership and Stonebridge brokers who submit through L&G Mortgage Club with exclusive access to April Mortgages’ long-term fixed-rate remortgage products.

There are plans to extend access to the rest of the L&G Mortgage Club in due course.

April Mortgages’ products are a type of long-term fixed-rate mortgage, where interest rates decrease as the loan is paid off. The firm has stated that its mission is to simplify the mortgage process and address consumer concerns amid the current market of fluctuating rates. Its remortgage products range from five to 15-year fixed rate terms, starting at 4.99%.

Director of distribution at L&G Mortgage Services, Clare Beardmore, said: “We’ve seen a growing appetite for long-term fixed-rate products, due to the certainty they provide customers over monthly repayments – especially in a market in which we are seeing fluctuating interest and swap rates.

“This partnership allows us to expand the range of solutions to our members, especially when their customers might be looking to prioritise budgeting and the ability to fix repayments over the long-term.”

Commercial director at April Mortgages, Tim Hague, added: “Joining the L&G Mortgage Club lender panel represents a pivotal moment for April Mortgages. This is an exciting opportunity for us to offer our innovative mortgage products to the wider UK Market, starting with HL Partnership and Stonebridge.

“April Mortgages is 100% broker introduced, and our partnership with L&G presents an ideal route to building long-term bonds with brokers and their customers. By joining with L&G, we are poised to address the concerns and uncertainties that consumers face in today's market. Our tailored approach is designed to offer stability and peace of mind, ensuring that homeownership remains within reach for all individuals.”

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