The Legal & General Mortgage Club will be back on the road this April.

We are currently finalising the event agenda and confirming which lender partners will be attending. The roadshow will be a great chance to step away from work or the home office, meet the Club team in person, learn more about our latest propositions, and share any areas where you would value further support.

The event will begin at 9.00am and is expected to finish at around 2.30pm. A complimentary buffet lunch will be provided. If you have any dietary requirements, please include them in the relevant section of the registration form.

Key points to be aware of:

Affordability changes:
Three of the “big six” lenders have confirmed in the last 24 hours that their affordability is beginning to tweak up. Some are formally communicating this, while others are simply updating their calculators. It’s worth reminding advisers to recheck affordability for new cases before submitting – and there’s an obvious benefit here in using Ignite with the affordability pillar. We would expect other lenders to follow suit.

Nationwide:
Where a DIP is submitted and moved to rate reserve, the rate, affordability and loan amount are all reserved, offering protection against any changes over the coming days or weeks – a real USP advisers have been valuing.
They’ve also moved their rate change submission cut‑off from 8pm to midnight, following feedback – a positive change we helped facilitate.

HSBC:
Service times are being actively worked on, with additional underwriters moved from direct to intermediary channels. While improvements should follow shortly, if a guaranteed fast turnaround is essential in the immediate term, they may not yet be the best fit. They can escalate all new build cases, so remain a good option there.

Clydesdale:
Due to systems and ways of working, rate changes can take around 24 hours longer to implement than some other lenders. They’ve asked for patience if changes appear to land with limited notice. Matt Martin is on hand to help with any issues.
Medium and smaller lenders:
Forecasting remains challenging in the current environment. If rates settle quickly, pipeline stickiness is a concern – feedback from brokers is especially valuable here.

Service levels:
LBG, Nationwide and Santander are all reporting service levels holding at around one to two days, with increased automation and reduced documentation requirements proving far more effective than in previous volatile markets.

To reserve your place, please click ‘Register’ button