Marie Catch joins Legal & General Home Finance as Head of Mortgage Broker Sales

By Bridging Loan Directory 21st June 2018

Legal & General Home Finance has today announced the appointment of Marie Catch as Head of Mortgage Broker Sales.

In this newly created position, Marie will be responsible for broadening the lender’s distribution reach. Marie will lead Legal & General Home Finance’s engagement with mortgage brokers, including those not already operating in the retirement lending market. Her role will also focus on encouraging brokers to provide a more comprehensive service to customers looking to borrow in later life. Marie joins the Home Finance team from her role as Relationship & Development Manager at Legal & General Mortgage Club, where she focused on developing the Club’s Later Life proposition.

Marie’s appointment underlines Legal & General Home Finance’s drive to align the lifetime and mainstream mortgage markets. Already this year the lender has taken several significant steps in this direction. The launch of its innovative new product, the Optional Payment Lifetime Mortgage (OPLM), combines the flexibility of residential monthly interest payments with the long-term security of a lifetime mortgage, as customers are able to stop paying interest at any time and remain in their home for the rest of their lives.

Legal & General Home Finance has also partnered with Twenty7Tec this year, allowing its lifetime mortgages to feature on Mortgage Source, the residential mortgage sourcing platform.

Steve Ellis, CEO, Legal & General Home Finance said:

“Marie is already highly regarded amongst brokers and lenders in the industry. She has done a fantastic job at Legal & General Mortgage Club in recent years, supporting the growth of the retirement lending sector encouraging more advisers to join this growing market and helping lenders to build their propositions.

“Marie clearly recognises the importance of creating more flexibility and choice for customers borrowing in retirement and I’m delighted to welcome her to the Legal & General Home Finance team.”

Marie Catch, pictured, Head of Mortgage Broker Sales, Legal & General Home Finance said:

“From the reclassification of Retirement Interest Only (RIO) to the rapid growth of the lifetime mortgage market, this is a really exciting time for the Retirement Lending sector. The mainstream and lifetime mortgage markets are now closer together than ever before, and this is great news for older homeowners who want flexibility and choice in how they borrow in retirement.

“At the forefront of this evolution, Legal & General Home Finance is leading the market with innovative new products and big plans for the future of retirement lending. I’m thrilled to be taking on a role with a lender that has been so transformative in this space and look forward to working closely with Steve and his team.”

Kevin Roberts, Director, Legal & General Mortgage Club said:

“Marie has made a huge contribution to the Mortgage Club over the past ten years. Marie’s new role is a fantastic opportunity for her to continue her work in the later life lending market and we are pleased to see her continue her career at Legal & General. We wish her all the best in what we are certain will be a very exciting new role.”

Marie will take up her new position on 9^th July 2018.