Tuesday, 16th January 2024: We are thrilled to announce a new partnership with PMS Mortgage Club (part of Sesame Bankhall Group), one of the UK’s leading mortgage clubs.
This collaboration enables directly authorised advisers who are members of PMS Mortgage Club to access our comprehensive range of buy-to-let mortgages.
Speaking about the partnership, Peter Charge, Head of Intermediaries, said:
“We are thrilled to join forces with PMS Mortgage Club and expand our reach to their network of Directly Authorised brokers. Our commitment to fully digital processes aligns seamlessly with PMS’s forward-thinking approach, and we look forward to providing an enhanced level of service to their brokers and their clients.”
Stephanie Charman, Group Partnerships & Propositions Director at Sesame Bankhall Group adds:
“As a leading digital lender offering mortgages that are fully underwritten online, Molo Finance is well placed to deliver a smooth and efficient service to buy-to-let customers by utilising technology to make real-time lending decisions. This has the potential to deliver an enhanced customer experience and create new lending opportunities for our PMS member firms – qualities we look for as we continue to enhance our market-leading offering for advisers and their customers.”
About Molo Finance
Molo is an award-winning fintech startup that is transforming the mortgage industry as Europe’s only digitally native mortgage lender. Since it launched in 2018, Molo uses technology to deliver simpler and faster online mortgage lending.
Molo’s primary goal is to transform the broken mortgage market, moving away from cumbersome, inefficient, and slow processes, to fast, near real-time decisions. Since its launch, Molo has led change in the UK mortgage industry with over £1.7b mortgage applications submitted across our digital platform to date. Molo among others is backed by ColCap Financial Limited and has won several awards, including ‘Best Digital Mortgage Lender’ at the Fintech Awards and ‘Best Online Mortgage Lender’ at the Lending Awards.
In March 2023, ColCap Financial Limited, a leading Australian privately owned nonbank mortgage lender, acquired an 80% shareholding in Molo after the two companies entered a strategic partnership in 2022. This was a significant milestone in Molo’s history, strengthening Molo’s position in the market and opening up new possibilities for international growth and innovation.
About Sesame Bankhall Group
Sesame Bankhall Group (SBG) brings together Sesame Network, Bankhall, and PMS Mortgage Club, reaching over 10,000 professional financial advisers.
- PMS operates one of the UK’s largest mortgage clubs for mortgage brokers who are directly regulated by the FCA.
- Sesame is one of the UK’s leading appointed representative (AR) networks.
- Bankhall is a market-leading support services business for firms that are directly regulated by the FCA.
Services provided include compliance and regulatory support, access to one of the UK’s most comprehensive training and development programmes, in-depth product research, preferential PI terms and access to market-leading technology to enable advisers to write business more efficiently.
Find out more about PMS Mortgage Club please visit www.trustpms.com
