Sesame Bankhall Group (SBG) has unveiled a new mortgage processing service for advisers.
Sesame Bankhall Specialist Lending Services (SBSLS) processes mortgage applications on behalf of lenders and aim to help advisers place more complex cases with specialist lenders.
It promises to provide exclusive access to major lenders and exclusives from panel lenders, as well as help in placing and processing of more complex client scenarios.
The service also offers an online processing system and downloadable forms from the SBSLS website. www.sbsls.co.uk
The service is being launched by SBG in partnership with Melton Mowbray Building Society.
“We chose to work with Melton Mowbray Building Society due to its proven experience and leading technology in this area via Melton Intermediary Services,” said John Cupis, managing director, PMS.
“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.”
Martin Reason, CEO of the Melton Mowbray Building Society, added: “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.”
Mark Snape, sales director, GE Money Home Lending added: “This venture will add further value to SBG members by enabling them to access a range of new and specialist products.”