Legal & General (L&G) has launched a home information pack (HIP) service for directly authorised (DA) users of its mortgage club.
"Direct channels are trying to wrestle clients away from advisers like a dog with a bone," says Ben Thompson, director of mortgages at L&G.
"We want to offer IFAs a chance to fight back and to be more than just a broker. Our aim is to let IFAs have a bigger say in their client's welfare and the opportunity to provide a broader service. We want IFAs to realise that they don't need to play second fiddle."
He adds: "We are ideally placed to continue to expand the services that we offer around the whole housing transaction and this move to provide HIPs to IFAs is a natural next step."IFAonline
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019