Fleet opens Sesame access to BTL products

Fleet Mortgages has added its ninth network onto its distribution panel – with more firms to be added in the near future, its chief executive said.

Members of the Sesame Network will now be able to offer their clients the full range of Fleet Mortgages products tailored towards experienced landlords and property investors.

The new buy-to-let lender, which launched in December 2014, covers mainstream BTL residential mortgages as well as finance for those investing through limited company vehicles and houses with multiple occupation.

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Bob Young, chief executive of Fleet Mortgages, said: “We are now adding new quality distribution businesses to our panel with increased regularity as we move towards our stated goal of providing all advisers with access to our product range.

“Clearly, Sesame is a major player in terms of mortgage advice and distribution and we are therefore very pleased to be working with the team there and to be open for business with its membership. Our specialist approach and the experience we have in the buy-to-let market should give advisers and their clients confidence in our proposition and our ability to deliver what they need in this growing market.”

Daniel Bailey, mortgage broker for Middleton Finance, based in Derbyshire, said: “This is a bold statement from a lender which has only been operating for a couple of months. Financial advisers have never been more crucial in the mortgage marketplace.”