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Sesame Bankhall claims distribution top spot

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  • 16/08/2010
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Sesame Bankhall Group has reported it issued more than £12.7bn of mortgage applications for the first six months of 2010.

It said this makes the group, made up of mortgage club PMS and network Sesame which merged at the end of 2009, the leading intermediary distributor in the UK.

John Cupis, managing director of PMS, said: “We have ambitious plans to grow PMS and the Sesame network, and have some major new initiatives in the pipeline for the second half of 2010 aimed at helping brokers grow their businesses beyond just mortgages.”

Lenders, including Barclays and Abbey for Intermediaries, congratulated Sesame Bankhall on its results.

Lloyds Banking Group said: “These results show just how strongly Sesame Bankhall has performed in H1 2010. A full 13% of all mortgages in the UK now go through Sesame Bankhall Group and it is by far the largest intermediary operating in the UK.”

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