PMS and Sesame launch product transfer hub to help advisers stay in touch

PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have launched a new product transfer hub designed to support advisers through the 'huge refinance opportunity' in the second half of 2019.

Related topics:  Mortgages
Amy Loddington
20th June 2019
Social media business tech

The hub offers enhanced support for advisers, including a product transfer criteria grid with timeframes and the application process for each individual lender to help advisers plan customer contact - and hints and tips on to increase and enhance their customer engagement strategies.

Advisers can also take advantage of a toolkit of downloadable support materials to help facilitate this work, including templates to help advisers to create personalised client letters and regular newsletters, along with email and social media activity.

Jane Benjamin, Director of Mortgages at Sesame and PMS, said:

“Product transfers are a hot topic, with 290,000 homeowners switching £39.2 billion of mortgage debt to a new product with their existing lender in the first quarter of 2019. We expect both product transfers and remortgage business to remain strong through the second quarter and into the second half of 2019, with analysis suggesting that over £100 billion of mortgage deals could be coming to the end of their terms. This is a huge refinance opportunity and customers need our support, which is why we’ve been working closely with our lender partners to help advisers look after their customers and find the right product for their individual circumstances; whether that’s switching product with their existing lender or remortgaging elsewhere.

"Our new hub gives advisory firms the guidance and tools they need, all in one place. Furthermore, with the current trend of five-year fixed rates now overtaking two-year deals in terms of popularity, it’s more important than ever for advisers to get in touch and stay in touch with their clients.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.