PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have bolstered their specialist lending panels with the addition of BTL lender, Axis Bank UK.
PMS operates one of the UK’s largest mortgage clubs for advisers who are directly regulated by the FCA, while Sesame is one of the UK’s largest appointed representative (AR) networks.
Both PMS and Sesame Network are part of Bankhall Sesame Group, a market-leading support services business for firms that are directly regulated by the FCA. Bankhall is the longest established network and support service provider in the industry, and the largest intermediary distributer of mortgages in the UK, representing 13% of the entire UK mortgage market.
Specialist Lending Relationship Manager at Sesame and PMS, Stephanie Charman, said: “We are very pleased to partner with Axis Bank UK and provide our members and their customers with access to their range of competitively priced products. As a specialist lender that only operates through mortgage intermediaries, they also offer the added attraction of a range of flexible lending criteria and product features that will appeal to experienced BTL landlords.”
Axis Bank UK, a wholly owned subsidiary of Axis Bank Ltd, offers a range of financial services to customer segments covering large and mid-corporates, and retail business. As an intermediary only lender, Axis Bank UK offers direct support to brokers and clients in the BTL market.
Head of BTL lending at Axis Bank UK, Jason Neale, commented: “The opportunity to work with such quality firms as PMS and Sesame is one we appreciate and really look forward to. I’m confident we can add value to all members who have professional landlord customers, as we’re quickly developing a reputation for being a lender who can discuss and consider common sense BTL applications that more automated lenders can’t or won’t do. Our underwriters are empowered with the authority to make personal lending decisions, so are always on hand to talk through applications with PMS and Sesame advisers.”
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