L&G Matrix to provide latest BTL calculations

Legal & General Mortgage Club has today announced the launch of its new Rental Calculation Matrix which aims to raise awareness of the incoming buy-to-let changes next year.

Related topics:  Mortgages
Rozi Jones
12th December 2016
jeremy duncombe l&g legal and general
"Legal & General Mortgage Club is able to provide practical and easy to use solutions for brokers to understand the recent and upcoming buy-to-let changes."

The Matrix aims to help inform brokers and provide them with an overview of buy-to-let lenders' latest calculations.

The Matrix follows the launch of Legal & General Mortgage Club’s Government Housing Schemes Matrix earlier this year.
 
Jeremy Duncombe, Director of Legal & General Mortgage Club said: “The buy-to-let market has had a raft of new legislation imposed throughout this year and keeping up with these developments can become an arduous and time consuming task. The aim of this Matrix is to simplify the process for brokers and we will continue to update the Matrix with new developments so that advisers can focus their time on serving their clients.
 
“Following the overwhelming success of our previous matrices, I’m proud that Legal & General Mortgage Club is able to provide practical and easy to use solutions for brokers to understand the recent and upcoming buy-to-let changes. We will continue to build on the success of our MMR and MCD matrices by creating additional support systems for our brokers well into the future.”

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