MortgagesOct 28 2014

Sesame Bankhall adds Aldermore Bank to bridging panel

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Aldermore Bank has been added to Sesame’s bridging panel, meaning appointed representatives of the Sesame network and members of PMS mortgage club now have access to Aldermore’s range of bridging loan products.

The lender offers bridging rates starting from 0.64 per cent per month on residential loans up to £3m, with a maximum loan-to-value of 75 per cent.

John Cupis, managing director for mortgages at Sesame Bankhall Group, commented: “We believe that extending our bridging loan offering with the addition of Aldermore Bank will be popular with members.

“Bridging is a growing market, which represents a great opportunity for brokers to widen the services they can offer their clients.”

Rob Barnard, head of intermediary distribution at Aldermore, added: “We are very pleased to be added to SBG’s bridging panel and look forward to being able to offer their members access to our bridging products.

“Aldermore have a good working relationship with SBG and this is a positive step to strengthen that relationship and make our bridging finance products more accessible to the market.”

peter.walker@ft.com