Sesame Bankhall launches Specialist Lending Services

Published on

Sesame Bankhall Group (SBG) has unveiled a new mortgage processing service for advisers.

Sesame Bankhall Specialist Lending Services (SBSLS) processes mortgage applications on behalf of lenders and aim to help advisers place more complex cases with specialist lenders.

It promises to provide exclusive access to major lenders and exclusives from panel lenders, as well as help in placing and processing of more complex client scenarios.

The service also offers an online processing system and downloadable forms from the SBSLS website. www.sbsls.co.uk

The service is being launched by SBG in partnership with Melton Mowbray Building Society.

“We chose to work with Melton Mowbray Building Society due to its proven experience and leading technology in this area via Melton Intermediary Services,” said John Cupis, managing director, PMS.

“Our knowledge and expertise will enable advisers to benefit from broader product offerings from lenders. This will be particularly useful for those who wish to use this channel for more specialist products which require better case packaging, including complex prime, complex buy-to-let, and equity release.

“It also means our members will be able to access new lenders who have a more limited processing capability but an appetite to lend.”

Martin Reason, CEO of the Melton Mowbray Building Society, added: “This is a major development for the Melton Group which combines SBG’s market reach and industry expertise with our proven capability in processing specialist mortgage cases for brokers.”

Mark Snape, sales director, GE Money Home Lending added: “This venture will add further value to SBG members by enabling them to access a range of new and specialist products.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...