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PMS/Sesame

Hi,

Leeds building society offering favourable rates at 95% LTV if its through PMS/Sesame.

Can anyone let me know who/what PMS and Sesame actually are and if its available to Joe public.

Many Thanks

Comments

  • betmunch
    betmunch Posts: 3,126 Forumite
    PMS is a mortgage club and is part of Sesame Network.

    I dont believe you can go direct for the product (but could be wrong here) You will need to find a broker that is part of Sesame, or a member of the PMS mortgage club.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • dunstonh
    dunstonh Posts: 121,057 Forumite
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    Any IFA or mortgage adviser who is a member of the Sesame network, PMS or uses Bankhall should have access to that.

    Sesame Bankhall group is a provider of compliance services to IFAs and mortgage advisers. They also arrange terms with providers which may not be available direct or at different rates to direct. Most mortgage advisers will have something similar irrespective of whom they use. Indeed, most lenders will have a broker version that is the same across all brokers.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • amnblog
    amnblog Posts: 12,782 Forumite
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    This is an exclusive product available via mortgage brokers who have access to the PMS mortgage club.

    (PMS source product via the lenders to distribute via mortgage brokers)

    95% loan to value 4.59% 3 year fixed.

    We have access to this product as do many mortgage brokers.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • deano3
    deano3 Posts: 234 Forumite
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    Many thanks to you all, this has demonstrated to me that a broker is the way to go, that rate is much better than any i can find on a 95% LTV.
  • amnblog
    amnblog Posts: 12,782 Forumite
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    The right broker is the way to go. This rate is not available through all brokers.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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