Legal & General Home Finance is now a member of MCI Club’s later life lending panel.

MCI Club says that in a recent survey 40 per cent of respondents said that later life is a growing sector and that 35 per cent of principals and senior directors are moving into the area.

Members will be able to access, among others, Legal & General’s flexible lifetime mortgage, its optional payment lifetime mortgage, the income lifetime mortgage, and the retirement interest-only mortgage.

On its most recent addition, MCI Club head Melanie Spencer: “As equity release and later life lending continue to grow, clients will become more aware of their options and will naturally look towards advisers to ensure they are getting the right solution.”

Legal & Finance head of mortgage broker sales Marie Catch adds: “Joining the MCI Club panel, as well as helping further strengthen its lifetime mortgage proposition, gives us a great opportunity to reach a wide range of brokers, who we know have a growing interest in later life lending.”