Legal & General Group is one of the UK’s leading financial services organisations. The Legal & General Group is manages over £180 billion of investments worldwide (as at 30 June 2005) on behalf of investors, policyholders and institutions. In addition to the UK, it also has operations in the USA, France, the Netherlands and Germany.
Legal & General is within Britain’s top 50 FTSE companies. It has over 5.4 million customers and employs nearly 9000 staff. 1 in every 9 mortgages in the UK is a Legal & General mortgage (12 months to December 2004). In 2004, Legal & General was involved, via its Mortgage Club, in arranging mortgages worth £16 billion through intermediaries comprising 5.5% of the UK mortgage market.
The Legal & General started the Mortgage Club in 1995. Today it is one of the UK’s leading multi-lender programmes.
Intermediaries are organisations or individuals that specialise in arranging mortgages for their customers via a variety of mortgage providers, but who do not provide mortgages of their own.
It provides a variety of products and services from a selection of the most innovative and competitive lenders in the market. They also promise:
A constant programme of exclusive deals
Highly competitive procuration fees on exchange of contracts
A comprehensive e-communication programme
To provide marketing support materials