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Legal & General takes 7.8 per cent of the mortgage market

Legal & General says intermediaries placed £12.7 billion of mortgages through the company last year, giving it a 7.8 per cent of the UK mortgage market.

It says its results show this figure is over 50 per cent higher than the £8.1 billion achieved in 2000.

It says its mortgage club network of over 6,000 intermediaries, its online links with lenders and its estate agency network have helped it become more dominant in the UK.

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