The Family Building Society has launched a range of mortgage and savings products this week, as well as a large number of partnerships with a range of established and new providers. The society has been heralded as the first "new" building society for over 30 years, but is actually a division of National Counties Building Society.
The Society has partnered with Ageas Insurance for its home insurance offering; providing the insurer with its first significant household partnership with a mortgage lender. (This will be administered by its UKAIS division and will be on a panel basis.) Legal & General has been selected as the partner for life and critical illness cover and Ingenie will provide "young driver" motor insurance.
Family has also launched a number of partnerships under the "Later Life Planning" banner and although some cover established partnership services such as Equity Release (Key Retirement Solutions), IHT Planning (Chase de Vere) and Will Writing (Kings Court Trust), others are more noteworthy.
There are partnerships in less familiar areas, and these include Lasting Power of Attorney and Probate (Kings Court Trust), Long Term Care Planning (Chase de Vere) and Managed Property Services (Bridgefast Property Services).
Other Family partnerships include a Pre-paid Payment Card (APS) and a University Savings Plan (Shepherds Friendly).
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