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L&G&#39s on-line mortgage quote system goes live

Legal & General is going national with Mortgage Decisions its on-line mortgage sourcing and quotation system.


The life office successfully completed the pilot involving several hundred intermediaries earlier this year.


Besides quotes, the system gives IFAs an on-line &#39agreement in principle&#39 from L&G&#39s mortgage panel, factfind completion, CML code compliant advice and a &#39reason for recommendation&#39 letter.


L&G predicts that the majority of its network will be on-line by the end of the year.

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