PMS and Sesame have become the first new mortgage club and network to add Post Office for Intermediaries to their respective panels, following the launch of the lender’s new mortgage products this week and intermediary distribution expansion.

The two new products available from Post Office for Intermediaries in conjunction with Bank of Ireland UK, are:

• Post Office Family Link, which is designed for first time buyers who have no deposit but good affordability; and
• Post Office Retirement Link, which enables retired customers to secure a mortgage using their guaranteed pension income.

Jane Benjamin, head of relationship management at Sesame and PMS, said: “We are very pleased to be the first new mortgage club and network to make these products from Bank of Ireland and Post Office for Intermediaries available to our members and their customers. For those who meet the criteria, these innovative new products have the potential to provide much needed help to borrowers at both ends of the mortgage spectrum.”

Alison Pallett (pictured), director of sales, UK mortgages, at Bank of Ireland, added: “Following the successful launch event this week, we are delighted to welcome PMS Mortgage Club and Sesame network members to the Post Office for Intermediaries brand.”