"In this environment it’s fantastic to be able to offer our brokers access to more products that reward customers for making greener choices."
Legal & General Mortgage Club has added Tandem Bank to its lender panel.
Tandem, which launched in 2014, has since purchased Harrods Bank and merged with Oplo and is now focused on becoming a greener, digital bank. Tandem Bank currently offers a 0.3% rate reduction for customers with an A, B or C EPC rating on their home.
Its maximum residential loan size stands at £750,000, but bespoke mortgages can extend to loans of up to £2.5m.
Danny Belton, head of lender relationships at L&G Mortgage Club, said: “I’m really pleased to announce that we will be offering Tandem’s specialist residential lending products to the broker network at Legal & General Mortgage Club. Rising electricity and gas bills have thrown energy-efficiency to the top of the agenda for many consumers this winter. In this environment it’s fantastic to be able to offer our brokers access to more products that reward customers for making greener choices.
“I have every confidence that this will be a welcomed addition by our broker community, who can now help their customers benefit from Tandem’s specialist products and bespoke underwriting service. In such a busy market, it’s vital that brokers have the tools and products they need to support buyers, whatever their needs.”
Richard Angell, head of sales and national accounts at Tandem Bank, said: “I am absolutely delighted that Tandem Bank has been appointed to the Legal & General Mortgage Club panel. As Tandem enters the long-term specialist lending arena, the chance to work closely with Legal & General’s dynamic team, especially as we launch our reimagined remortgage proposition is just too good an opportunity to pass up. There are so many opportunities to collaborate over broker education and the chance to match up our technology with the advances made by Legal & General – an area in which Legal & General certainly leads the way.”
