Sesame Bankhall Specialist Lending Services teams up with Shawbrook Bank’s secured lending division

→ Sesame Bankhall Specialist Lending Services (SBSLS) has today announced the appointment of Shawbrook Bank (Shawbrook) to its growing panel of specialist lenders.

The addition of Shawbrook will give advisers access to a range of secured loans, which provide a flexible alternative to remortgaging, enabling clients to overpay their additional loan, either by way of lump sums or regular repayment. There is no penalty and no cap on the amount that can be repaid, which can reduce the term.

Shawbrook is a market leader in the secured-loan industry, offering rates from 6.9 per cent with loans up to £200,000. These are available for prime-employed and self-employed homeowners.

John Cupis, managing director, mortgages at Sesame Bankhall Group, said:

Sesame Bankhall Specialist Lending Services is committed to continually updating our panel of specialist lenders in order to provide advisers with access to a range of loans to suit their clients’ different needs.

Secured loans are becoming an increasingly important product for advisers to consider. With Shawbrook’s extensive experience in this sector and competitive products, it was a natural decision to appoint them onto the panel.

Maeve Ward, head of sales, secured lending, Shawbrook Bank, added:

We are pleased to have been appointed to the SBSLS lender panel and are confident our products will enable SBSLS members to offer their clients the best solution available - helping raise additional finance whilst leaving their first mortgage in place. We pride ourselves on offering a personal, expert service and look forward to working closely with the SBSLS team.

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Sesame Bankhall Group Limited, company number 3573352. Sesame Limited, company number 2844161. Sesame Services Limited, company number 2338540. Bankhall Support Services Limited, company number 2785381. Sesame General Insurance Services Limited, company number 01902998. Premier Mortgage Service Limited, company number 05011650. Each company is registered in England & Wales with a registered office at Pixham End, Dorking, Surrey, RH4 1QA. Bankhall Support Services Limited and Sesame Limited are authorised and regulated by the Financial Conduct Authority. Sesame General Insurance Services Limited and Premier Mortgage Service Limited are appointed representatives of Sesame Limited.