Castle Trust Bank partners with L&G Mortgage Club

Castle Trust Bank has partnered with Legal & General Mortgage Club to provide more brokers with access to its range of specialist buy-to-let (BTL) products.

Legal & General Mortgage Club members will now have full access to Castle Trust Bank’s BTL mortgages, bridging and development finance, which are available to UK residents, ex-pats, foreign nationals, SPVs and trading companies.

Castle Trust Bank offers loans for a variety of investments, including holiday lets, HMOs, portfolio loans and property refurbishment, and its proposition also includes bridge-to-let, which provides brokers with the built-in certainty of a confirmed exit route at the outset.

Castle Trust Bank sales director, Rob Oliver, said the lender has built its specialist BTL proposition on “delivering certainty to brokers and their clients”.

“We are really pleased to partner with Legal & General Mortgage Club to offer our full range of specialist BTL, bridging finance and development finance to its members,” Oliver commented.

“Our BDMs provide certainty at the outset, with instant terms on term loans up to £500,000, and our bridge-to-let proposition delivers certainty at redemption with a guaranteed exit route. This is a very important partnership for us, and it will help more brokers to access the certainty they need.”

Legal & General Mortgage Club head of lender relationships, Danny Belton, added: “Castle Trust Bank has always been an innovator in the BTL market, building a reputation on certainty of funds and flexible underwriting.

“It’s another great addition to the Legal & General Mortgage Club lender panel and I am looking forward to working in partnership with the Castle Trust Bank team to provide our members with access to its specialist lending proposition.”

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