Fleet Mortgages has added adviser network, Sesame, to its distribution panel.
Sesame becomes the ninth mortgage distributor to gain access to the Fleet Mortgage product range in 2015 after the lender initially launched with a limited panel at the end of last year.
Sesame members will now be able to offer their clients the full range of Fleet Mortgages’ products which are aimed at experienced landlords and property investors, and cover mainstream buy-to-let residential mortgages as well as finance for those investing through limited company vehicles and houses in multiple occupation (HMO).
Sesame is the largest and longest-established financial services network in the UK with over 20 years of regulatory experience and business support to its members. It is part of the Sesame Bankhall Group and is committed to designing, developing and delivering the services and technologies that advisers need now and in the future.
Bob Young, CEO of Fleet Mortgages, said: “We are now adding new quality distribution businesses to our panel with increased regularity as we move towards our stated goal of providing all advisers with access to our product range. Clearly Sesame is a major player in terms of mortgage advice and distribution and we are therefore very pleased to be working with the team there and to be open for business with its membership.
“Our specialist approach and the experience we have in the buy-to-let market should give advisers and their clients confidence in our proposition and our ability to deliver what they need in this growing market. At our epicentre is an absolute commitment to responsible lending – that is only lending to those who can afford to repay the mortgage.
“In light of recent announcements by other lenders this position is certainly worth restating and we would hope all buy-to-let stakeholders keep this firmly in mind and not rush up the risk curve in order to secure short-term, riskier business which could ultimately damage the entire sector.”
John Cupis, managing director for mortgages at Sesame Bankroll Group, added: “We are very pleased to have further extended our offering with the addition of Fleet Mortgages for our members and enable them to offer further choice to their customers.”