Tesco Bank extends mortgage intermediary panel

Edinburgh-based Tesco Bank has announced the addition of financial adviser network Sesame to its Mortgage Intermediary Panel.

The addition of Sesame extends Tesco Bank’s intermediary panel to 23 intermediary firms with the expectation that more firms will join the panel over the coming year.

Tesco Bank Mortgage Intermediary Service is designed to provide brokers with one of the easiest and most convenient services available.

The service includes a number of features to help brokers make transactions as straightforward as possible, including searchable lending criteria, and the ability to scan and upload documents and track the status of applications from any device.

Tesco Bank also offers a dedicated new build service to help ensure that New Build applications can be processed quickly and easily to meet the accelerated application timescales.

Julian Hartley, director of mortgages, savings and loans said: “I am delighted that Sesame will now be able to help Tesco customers select their mortgage. 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: “We are very pleased to be working with Tesco Bank and providing our members with access to their competitive range of purchase and remortgage products. Tesco Bank has developed a good reputation amongst mortgage intermediaries for their 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.”