Sesame Bankhall Group (SBG) has announced the combined mortgage completions in 2019 through its PMS Mortgage Club and Sesame Network were the highest for more than a decade.
The group reported that PMS and Sesame mortgage completions rose by £2.5bn during 2019 to £44.4bn – up from the £41.9bn recorded in 2018 – reflecting a 6% yearly increase.
As part of SBG – a leading support services business for firms that are directly regulated by the FCA – PMS operates one of the UK’s largest mortgage clubs for directly FCA regulated advisers, while Sesame is one of the largest appointed representative (AR) networks in the country.
Commenting on the group’s performance, SBG executive chairman, John Cowan, called 2019 “another outstanding year for PMS and Sesame”.
“It was our best mortgage performance for more than a decade and represents a 12% market share across all channels,” he added.
“Quality advice continues to dominate the UK mortgage market and we have worked hard to maintain our strong position. In challenging market conditions, we’ve helped advisers to seize the opportunities to thrive and grow.
“PMS and Sesame have been very active in expanding their breadth of propositions to give mortgage advisers more choice, and the ability to cater for a wider range of customer needs. This includes bolstering support in specialist and later life lending, new build and product transfers.
Commenting on the year ahead, Cowan added: “Activity levels so far this year have been high. However, we must remain vigilant given the uncharted territory we are now in.
“To combat the economic uncertainty and regulatory challenges ahead we’re helping advisory firms to expand their propositions and engage customers, because all the evidence tells us that people want and value advice.”
Latest News
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories