Sesame is the latest broker to join the growing panel at Sainsbury’s Bank.
Part of Sesame Bankhall Group (SBG), the mortgage adviser network has joined the bank in a move to reach a wider audience of homeowners, potential homeowners and landlords.
Sainsbury’s Bank is already partnered with brokers such as L&G partners, L&C Mortgages, the Mortgage Advice Bureau and First Mortgage Direct, through which it provides residential home purchase mortgages, remortgage and buy-to-let products.
Jane Benjamin, mortgage director at Sesame Bankhall Group, said: "Sainsbury’s Bank has built a solid reputation amongst mortgage intermediaries based on its customer-focused approach and competitive range of mortgage products.
"We are very pleased to be working in partnership with Sainsbury’s Bank and I am sure that this latest addition to our comprehensive lender panel will be welcomed by Sesame members."
David Buxton, head of banking at Sainsbury’s Bank, said: "We place a real importance in the broker channel with brokers sitting at the heart of everything we do. We’re delighted to welcome Sesame who bring with them such heritage and experience."
Last month, Sainsbury's Bank announced plans to focus on updating its lending policy in an attempt to balance its mortgage proposition across the factors of price, distribution, service and policy.
Speaking at the time, Mr Buxton said: "From pretty much nothing in April last year we have rolled out to 40 per cent of the broker market and we have got coverage across pretty much all of the lending segments.
"We have got price, distribution and service but policy is also really key - it is about us finding the right mix."
rachel.addison@ft.com
