Press releases

Clydesdale Bank joins Legal & General Mortgage Club.

Martyn Smith - Head of Mortgage Products - Legal & General
Martyn Smith
Head of Mortgage Products
Legal & General

24 January 2011

Martyn Smith - Head of Mortgage Products - Legal & General
Martyn Smith
Head of Mortgage Products
Legal & General

The club whose members include specialist mortgage intermediaries, IFA’s and Legal & General’s business partners, is one of the largest mortgage distribution networks in the country and this new deal ensures that advisers can benefit from Clydesdale’s comprehensive and competitive product range.

Clydesdale’s Bank was established in 1838 in Glasgow and is part of National Australia Bank (NAB),one of the World's strongest banks. Clydesdale has remained open for business throughout a difficult economic period and is committed to growing its new mortgage business further. This moves underlines that committment and will expand the Bank's existing presence in the intermediary market whre they offer a dedicated service, particularly around higher value mortgage business and in the Buy-to-Let sector.

Martyn Smith, Head of Mortgage Products, Legal & General Mortgage Club, said, “I am delighted to welcome Clydesdale Bank to the Mortgage Club. Their success in delivering competitive products for higher value mortgage lending is down to their flexibility of approach and willingness to negotiate to ensure they deliver both excellent service and a strong product proposition. Our members now have greater choice with access to an established and well respected player in the mortgage market.”

John Tooth, Head of B2B Mortgage Distribution & Strategy, for Clydesdale Bank said, “we are delighted to be joining the Legal & General Mortgage Club. As one of the UK's largest mortgage networks and with its reputation for quality and service, the Legal & General Mortgage Club provides us with an ideal opportunity to work closely with their members to give them more choice and to increase our presence in the intermediary market. We are looking forward to working with Legal & General's appointed representatives over the coming months and years.”

Notes to editors

The information contained in this press release is intended solely for journalists and should not be relied upon to make financial decisions.

To find out more about the range of mortgage products available through the Clydesdale Bank’s intermediary service please visit their website, www.clydesdalebankintermediaries.co.uk


For more information please contact:

Alyson Bowcott

Alyson Bowcott
PR Manager, Legal & General Group

t: +44 (0) 20 3124 2092
m: +44 (0) 7764 582574
e: alyson.bowcott@landg.com


About Legal & General

Legal & General (Portfolio Management Services) Limited.

Registered address:
One Coleman Street
London EC2R 5AA.
Registered in England 2457525.

About Legal & General

Legal & General Group Plc.

Registered Office: 
One Coleman Street 
London 
EC2R 5AA.

Registered in England. Registered Number: 1417162.

Legal & General Group Plc is a holding company, subsidiary undertakings of which are fully authorised as appropriate under the Financial Services and Markets Act in respect of their investment activities in the UK.

© Legal & General Group Plc 2011


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