PMS and Sesame add Melton Mowbray Building Society to lender panels
- Three new mortgage exclusives also launched for PMS and Sesame members
PMS, the largest mortgage club for directly regulated intermediaries, and Sesame, the UK’s leading appointed representative network, have today announced that Melton Mowbray Building Society is to join both of their mortgage lender panels.
The move will give advisers across both businesses access to Melton Mowbray’s competitive range of fixed and variable mortgages, along with three products that have been discounted from their usual rate of 4.99% exclusively for PMS and Sesame members.
The three products are:
- A two-year capped SVR product, starting from 2.60% for loans up to 60% LTV (with no ERC);
- A three-year capped SVR product starting from 2.99% for loans up to 60% LTV (with no ERC);
- A two-year capped Buy-to-Let SVR product starting from 4.19% for loans of up to 60% LTV.
Rob McCoy, Senior Product & Communications Manager at PMS commented: “We believe that Melton Mowbray Building Society and the three exclusive products that it offers will be a welcome addition for both PMS and Sesame members. This continues our aim of providing advisers with access to an extensive panel of lenders covering all product areas. With its flexible approach to underwriting decisions, as well as its high level of customer service, Melton Mowbray is sure to be a popular addition with our members.”
Martin Reason, Chief Executive at Melton Mowbray Building Society said: “PMS and Sesame both have highly successful propositions in the intermediary sector and this partnership will support our long-term growth objectives. All mortgage cases, including our three exclusive offerings to PMS and Sesame advisers will be processed by our subsidiary, Melton Intermediary Services, and we anticipate a successful alliance over the years ahead, working closely with these two leading intermediary brands.”