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Sesame Bankhall Group’s mortgage business up 8% in 2011

Sesame Bankhall Group delivered £26.1bn of mortgage business to lenders in 2011, an increase of 8% on the £24.2bn delivered in 2010.

The group’s market share was 13.8% in 2011, up slightly from 13.3% the year before.

John Cupis, managing director at PMS, says that while 2011 was another challenging year, PMS and Sesame outperformed the market, with adviser productivity increasing by an average of 20%.

He says: “Over the past year we have made significant investments in valuable new services to enable our members to broaden their offering to clients.

“This includes protection, mortgage valuations and legal services that are helping intermediaries to develop new income streams.”

George Higginson, chief executive officer of Sesame Bankhall Group, says: “As part of our long-term commitment to the mortgage sector we are using our group’s scale, financial strength and expertise to open up new options for advisers.”

He adds: “With further exciting developments planned for 2012 in areas such as protection, general insurance and adviser technology, we are determined to deliver even greater value to our customers and help their businesses to prosper for many years to come.”   

 

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  • Mark Diamond 27th January 2012 at 5:01 pm

    Once again Sesame prove they are no good with numbers ! £140bn market last year, even I can work out that a 13.8% market share would be £19.3bn not £26.1bn???