GMAC and Amber go Bananas

The two additions take Bananas Inc’s total panel to 19 lenders, covering the whole mortgage market, from heavy adverse, buy-to-let and self-certification to commercial and prime.

These latest panel additions follow the appointment of Bananas Inc to the panel of Sesame, the largest IFA network in the UK.

The move gives Sesame’s 7,000 IFAs access to Bananas Inc’s knowledge in non-conforming mortgages and branded lending.

Sue Cox, business manager at Bananas Inc, said: “Our client base has increased dramatically over the past year and, alongside this, so has our lender panel. We now have a lender panel that can accommodate all type of business.”

Amber Homeloans is a wholly-owned subsidiary of Skipton Building Society and its adverse range includes the Bespoke mortgage, which can be tailored to intermediaries’ clients’ needs.

Mike Perry, sales and marketing manager at Amber Homeloans, commented: “In the past we have limited the access to Amber products. But at present we now have around 55 packagers/panel participation.

“Bananas Inc is the type of packager we will be able to build a strong relationship with.”

Rob Green, head of national sales at GMAC, said: “We are delighted to have been added to this panel. There is a very good strategic fit and is a win-win situation.

“We can provide a comprehensive and competitive range of non-conforming business, while Bananas Inc can contribute to our continued growth.”