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.”
Key Contacts
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Multinational law firm Pinsent Masons has advised Balbec Capital LP on its €350 million Rule 144A/Reg S RMBS public securitisation.
Multinational law firm Pinsent Masons has advised Stream Water Company (a joint venture company formed by Al Jomaih Energy & Water Company, Nesma Company and Buhur for Investment Company) on the multi-billion dollar Jubail Buraydah water transmission pipeline project.
Multinational law firm Pinsent Masons has advised on the recommended public takeover of AIM-listed Idox plc (Idox) by Frankel Bidco Limited, a vehicle that is indirectly owned by funds managed by Long Path Partners.
Multinational law firm Pinsent Masons has advised Balbec Capital LP on its €350 million Rule 144A/Reg S RMBS public securitisation.
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