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Legal and General Home Finance

Introduction

Legal & General Home Finance is leading innovation across the later life market to help people have a more colourful retirement.

Almost a quarter of equity release customers choose LGHF, making it one of the largest lifetime mortgage lenders in the UK. It has lent over £3bn in total, developing customer-led solutions that offer flexibility and choice. The business is part of the Legal & General Group. Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor.

Key Features:

Key features of LGHF’s Lifetime Mortgages:

  • Easy digital application
  • No Negative Equity Guarantee
  • Compassionate Repayment Feature
  • Optional Inheritance Protection
  • Optional Partial Repayment
  • Drawdown facility
Legal & General’s Retirement Interest Only Mortgage (or RIO) is an interest-only mortgage with a fixed interest rate for life. If your client’s existing interest-only mortgage is coming to an end, they could use the RIO to pay the outstanding balance and stay in the home they love.

Some people even choose to borrow extra cash to buy a new home – or just do more of the things they love in retirement. It’s important to note that clients must make monthly interest payments – as a last resort, your client’s home may be repossessed if they do not keep up with payments.

Registration Process:

To start advising, register with LGHF using their KFI portal and for your welcome email and unique setup password – this should take around 24 hours.
Once you have received this you can login to the KFI portal and familiarise yourself with the different services available.
Don’t forget, upon each case submission you should select TMA as the prefered payment route to ensure you receive the correct procuration fee.
Register here
The registration process for RIO products is different ER:

Register on their portal. Once your registration request is submitted you will see a message on screen confirming your registration request. LGHF will check your firm, or network, has the appropriate permissions and they will send an email to the compliance officer to confirm that you, as an advisor, are authorised and qualified to give advice on mortgages. Once authorisation is received you will receive an email from their sales support team to confirm your details are live and you can now log in to the Broker Portal.

Register here

ER Contact details:

New business enquiries:
03330 048 444
enquiries@landghomefinance.com

Customer services:
03330 048 444
customerservices@landghomefinance.com

Sally Richards, Telephone Account Manager
0121 712 3821
sally.richards@landghomefinance.com

Marie Catch, Head of Mortgage Broker Sales
07738 696121
marie.catch@landg.com

Michelle Peskett, National Account Manager
07469 406847
michelle.peskett@landghomefinance.com

Sara Freer, Key Account Manager
07387 253922
sara.freer@landghomefinance.com

RIO Contact Details:

Pre-application queries:
03330 048 444
rioenquiries@landghomefinance.com

Key Account Manager – Sara Freer for product and general queries
07837 253 922
Sara.freer@landghomefinance.com

Get in touch with us today.

Need criteria support? Contact the experts on our Broker Support Team.