M&S Bank has appointed Sesame to its list of mortgage intermediary partners.
This announcement follows the appointment of Openwork in July and comes days after the bank extended its maximum loan to value to 95% on three new first time buyer products and increased its mortgage term to 35 years, for both first time buyers and home movers.
The appointment of Sesame takes M&S Bank’s intermediary partnerships to four, following the launch of its first mortgage range early this year.
Paul Stokes, head of product at M&S Bank, said: “Over the last few months we have not only enhanced our support for first time buyers with the increase of 95% loan to value and a 35-year term, but we’ve also continued to add new partners to our broker network.
“Our appointment of Sesame is great news and is testament to our commitment to continuing to expand our intermediary channel to enable even more customers to get the M&S-standard service they have come to know and expect from the brand, when they make the most important purchase they’ll ever make – their home.”
Jane Benjamin, director of mortgages at Sesame, added: “We are delighted to be working with M&S Bank and offer its competitive range of mortgage products to our members and their customers.”