The appointment of Sesame takes M&S Bank’s intermediary partnerships to four, following the launch of its first mortgage range early this year.
The lender told Mortgage Solutions it is currently working with other three intermediary partners, including London & Country, Mortgage Advice Bureau and Openwork.
The bank has recently extended its maximum loan to value to 95% on three new first time buyer products and increased its mortgage term to 35 years, for both first-time buyers and home movers.
Paul Stokes, head of products of M&S Bank, said: “Our appointment of Sesame is great news and is testament to our commitment to continuing to expand our intermediary channel to enable even more customers to get the M&S-standard service they have come to know and expect from the brand, when they make the most important purchase they’ll ever make – their home.
“Along with developing our product offering for both our direct and intermediary channels, we will continue to add to our broker network throughout the remainder of the year and into next,” he added.
Jane Benjamin, mortgages director at Sesame, said the team is delighted to be working with M&S Bank and offer its competitive range of mortgage products to its members and customers.
