20 Sep 2012 | 02:43 pm |
International law firm Pinsent Masons has advised Sesame Bankhall Group (Sesame Bankhall) on its launch of a specialist lending service in partnership with Melton Mowbray Building Society - Sesame Bankhall Specialist Lending Services (SBSLS). The service aims to assist lenders in processing mortgage applications and will aid advisers to place more complex cases with specialist lenders.
John Cupis, of Sesame Bankhall, said: “We chose to work with Melton Mowbray Building Society due to its proven experience and leading technology in this area via Melton Intermediary Services. Our knowledge and expertise will enable advisers to benefit from broader product offerings from lenders. This will be particularly useful for those who wish to use this channel for more specialist products which require better case packaging including complex prime, complex buy to let and equity release. It also means our members will be able to access new lenders who have limited processing capability but an appetite to lend.”
The Pinsent Masons team was led by Corporate partner Andrew Kerr, assisted by senior associates Michael Walby (Corporate) and Alison Walker (Tax).
Commenting on the deal Michael Walby said: "We are delighted to have advised Sesame Bankhall on this important new venture with Melton Mowbray Building Society which will offer advisers increased value and better access to new and specialist lending products.”
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