Connect for Intermediaries has been appointed by Legal & General Mortgage Club as one of its recommended partners on its new referral service, SmartrRefer.
The service, previously known as Club Extras, will allow Legal & General Mortgage Club advisers to refer all mortgage cases to Connect for Intermediaries, including buy-to-let (BTL) and complex portfolio cases, commercial, bridging, development, second charge, overseas and ex-pat mortgages, as well as mainstream and non-standard mortgages.
As a recommended partner, Connect for Intermediaries is offering both a packager and a referral service. Legal & General Mortgage Club members will have access to over 140 lenders for referred cases and more than 60 lenders through Connect’s packager panel.
The packager, which helps both directly authorised (DA) brokers and appointed representatives (ARs) from other networks to source and place their more specialist mortgage cases, will allow Legal & General Mortgage Club members to be paid within three days of the money being received from the lender, as well as 100% of commissions.
CEO of Connect for Intermediaries, Liz Syms, said: “It is a great honour to be a trusted and recommended partner of Legal & General Mortgage Club and to be able to broaden the service that we provide to their members. Legal & General Mortgage Club members can now benefit from the whole range of mortgages and loans that we can provide across 140 lenders offering both specialist and mainstream using either the referral or packaging service.”
Connect will take full compliance responsibility for the advice to the client when a broker refers a case to them. The specialist mortgage network will pay the broker a share of the commission, plus a share of any offer or completion fee charged to the client, and the more cases a broker places with Connect, the higher the share of the commission they will receive. Up-to-date commission rates can be found on Connect for Intermediaries’ website.
Head of broker relationships and propositions at Legal & General Mortgage Club, Craig Hall, added: “Connect for Intermediaries has proved to be a highly competent packager and master broker that has high standards across a wide area of mortgages and loans. They have passed our thorough due diligence process and have been selected as one of our SmartrRefer partners to aid advisers who may need that extra bit of assistance with specialist mortgage cases.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories