Key Retirement comments on being the advice provider for the Lifetime Mortgage partnership between Legal & General and Santander:

12 July 2016

Will Hale, business development director, said: “We are delighted to be providing advice through this arrangement with Legal & General to Santander customers. This is seen as not just a significant step for the three businesses but a very important move for the bank’s customers. This step ensures that the widest range of options from traditional mortgage solutions through to lifetime mortgages are being considered to help interest only borrowers. It is also reflective of the desire to ensure that wider reaching solutions are being accessed to help borrowers for whom traditional solutions simply do not work. We expect other lenders to look to similar solutions as we enter the first major wave of interest only maturities.”

Read the full release: http://www.legalandgeneralgroup.com/media-centre/press-releases/press_releases.asp?newsid=2913