John Cupis (pictured), managing director, mortgages, at Sesame Bankhall Group (SBG), said: “We believe that extending our bridging loan offering with the addition of Aldermore Bank will be popular with members.”
The lender offers bridging rates starting from 0.64% per month on residential loans up to £3m, with a maximum LTV of 75%.
Rob Barnard, head of intermediary distribution at Aldermore, said: “Aldermore has a good working relationship with SBG and this is a positive step to strengthen that relationship and make our bridging finance products more accessible to the market.”