Ahead of its introduction on Monday (21 March), PMS mortgage club and the Sesame Network have launched a Mortgage Credit Directive-ready specialist lending panel.
The new solution provides advisers with access to a wide range of second charge mortgages, residential and buy-to-let packagers, commercial mortgages and bridging loans.
The following firms have been appointed to the new panel:
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Jane Benjamin, head of lender relationships at Sesame Bankhall Group, said the intermediary has seen a steady increase in demand for specialist lending solutions as firms look to cater for an increasingly diverse range of customer needs.
She said: “Until now, advisers have had to work across a wide range of different providers in order to access the products they need for their customers. The specialist lending panel we have launched today will provide an all-encompassing solution for advisers and their customers.”
Various lenders have rushed to proclaim their readiness for the Mortgage Credit Directive over recent months, much of which entails deciding whether to adopt the new European Standardised Information Sheet early, or upgrade to the KFI plus customer documentation initially, prior to the regulatory deadline of 21 March 2019.