Sesame rolls out mortgage processing service
Mortgage service says new offering will be useful for advisers processing “specialist products” which require better case packaging.
Sesame Bankhall Group has launched a new mortgage processing service for advisers which will process mortgage applications on behalf of lenders and helps advisers place more complex cases with specialist lenders.
Sesame Bankhall Specialist Lending Services will give advisers exclusive access to major lenders, exclusive products from panel lenders, access to experts in the placing and processing of more complex client scenarios, and an online processing system making it easy and straight forward for advisers to submit cases and downloadable forms from the SBSLS website.
The service is being launched by SBG in partnership with Melton Mowbray Building Society.
Martin Reason, chief executive of the Melton Mowbray Building Society, said: “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.”
John Cupis, managing director at PMS, added: “We chose to work with Melton Mowbray Building Society due to its proven experience and leading technology in this area via Melton Intermediary Services. 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.”
Advisers will be able to discuss how the service will benefit them at the Mortgage Extra Live roadshows which are being held throughout September.