Press releases

Legal & General Mortgage Club announces updates to SmartrCriteria

Legal & General Mortgage Club has today announced a number of improvements to SmartrCriteria, its digital user-friendly criteria search system, following feedback from advisers.

3 May 2019


 

SmartrCriteria offers advisers 394,000 criteria outcomes from over 95 lenders across the Residential, Buy to Let and New Build sector, to help determine the best possible outcome for their customers as quickly as possible. 3,300 members of Legal & General Mortgage Club are currently signed up to use the tool.  

The system will now include lender hyperlinks on the results page to allow advisers to click through directly to the lender, making the process to complete the mortgage as straightforward as possible. Advisers will now also be able to print out lender outcomes, so that they have a physical record to discuss with their customers.

In addition to the criteria search on a specific customer, the enhanced system will also include a generic search function to enable advisers to find the lenders that deal with certain types of business. Selected key partners will also be able to access their proc fee history within ClubHub, and Legal & General Mortgage Club is working with advisers to roll this out further.

Contact either Charlotte Merlin-Jones, Amelia or Graham on 020 7440 8670, or email directly at landgmc@rostrum.agency

The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.

Kevin Roberts, Director, Legal & General Mortgage Club: "At Legal & General Mortgage Club we’re keen to make things as straightforward as possible for advisers, allowing them to spend more time on giving quality advice. Our recent improvements are testament to this; we’ve listened to feedback from our members and will continue to make enhancements to our proposition to ensure the best possible outcomes for advisers and ultimately the end customer."

Notes to editors

Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.

We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.

As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.

As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.