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Tesco Bank expands mortgage intermediary panel

Tom Belger | 15:18 Monday 22nd January 2018

Tesco Bank has added Sesame to its mortgage intermediary panel.

The announcement means that the bank's panel now consists of 23 intermediary firms with Tesco expecting to grow that number during the current year.

Tesco Bank's mortgage intermediary service includes a number of features to help brokers make transactions as straightforward as possible.

This includes searchable lending criteria, the ability to scan and upload documents and track the status of applications from any device.

A dedicated new-build service is also available to ensure that new-build applications can be processed quickly and easily to meet accelerated application timescales.

“I am delighted that Sesame will now be able to help Tesco customers select their mortgage,” said Julian Hartley, director of mortgages, savings and loans at Tesco Bank.

“At Tesco Bank, we want to help as many customers as possible buy their own home.

“With the vast majority of Tesco customers now selecting their mortgage via a broker, it is important that we continue to extend the reach of our intermediary network.”

Jane Benjamin, head of relationship management at Sesame, said it was pleased to be working with Tesco Bank and providing its members with access to a range of purchase and remortgage products.

“Tesco Bank has developed a good reputation among mortgage intermediaries for its slick application process and adviser support, so we are confident that this latest addition to Sesame's comprehensive lender panel will be welcomed by our members.”

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