Swansea Building Society joins Legal & General’s mortgage club panel

Legal & General assists over 10 million people globally with financial services. Swansea Building Society’s products and services are now available through Legal & General’s mortgage club and will include the Society’s latest products, which have been launched following a review of its product range.

The new products are aimed at those who are self-employed, customers in a role requiring a professional qualification (up to 90 per cent loan-to-value), households whose income is in excess of £100k, retired home owners over 55 (term up to age 85) and those looking for a buy to let or holiday let mortgage. 

Alun Williams, chief executive of Swansea Building Society, said:

“The Society is delighted to link up with Legal & General’s mortgage club. We are confident that Swansea Building Society will be a welcome addition to Legal & General’s mortgage panel and that our common-sense approach to mortgage lending will be a refreshing change in a market where too often the computer says no.”

Danny Belton, head of lender relationships, Legal & General mortgage club, added:

“As the number of customers with complex income or requiring more niche lending solutions increases, it is important that our brokers are able to offer choice to their customers. The addition of Swansea Building Society to the Legal & General mortgage club panel provides further innovative lending solutions to our members.”

Swansea Building Society was established in 1923 and is currently the 35th largest building society out of 44 in the UK. With no credit scoring and all cases manually underwritten, the Society offers a unique, personal and tailored approach to mortgage lending.