L&G Mortgage Club launches referral proposition

This is for advisers to refer complex cases such as buy-to-let or bridging.

L&G Mortgage Club launches referral proposition

Legal & General Mortgage Club has launched SmartrRefer, a referral proposition that allows advisers to refer complex client cases to a network of selected partners firms.

The club has chosen to partner with 12 specialist providers and a number of conveyancing partners.

The partner firms range in specific expertise including buy-to-let, complex residential, commercial, equity release, Retirement Interest-Only (RIO), bridging, second charge, advice for the self-employed and those with a high net-worth.

Craig Hall (pictured), head of broker relationships and propositions, Legal & General Mortgage Club, said: “At Legal & General Mortgage Club we’re determined to ensure the best possible outcomes for advisers and customers.

“In a world where borrowers circumstances are getting more complex and require more specialist mortgage solutions the role of the mortgage adviser has never been more crucial.

“We know from our Value of Advice research that nearly all (95%) of people who used an adviser would recommend their family and friends do the same, and we want to make sure borrowers continue to feel this benefit.

“Through the launch of SmartrRefer we want to reassure our members that if they don’t feel comfortable advising on a specific case we will work with them and our carefully selected partners to provide the best advice for the borrower.

“Ensuring all advisers in the Mortgage Club have the key to accessing the most comprehensive and detailed advice, through a third-party specialist.”

SmartrRefer was previously known as Club Extras.