Paragon is a provider of buy-to-let mortgages for professional landlords and residential property investors.
Mortgage Trust is a provider of mortgages to residential property investors focused on catering to landlords with less complex needs who own four to five properties or single self-contained properties.
John Cupis, managing director for mortgages and general insurance at Sesame, said: “The addition of Paragon Mortgages and Mortgage Trust will provide Sesame members with another solution for their customers and we look forward to working closely with their team in 2011 and beyond.”
John Heron, director of mortgages at Paragon Group, added: “This is a great opportunity to work with Sesame and its members. As one of the UK's strongest networks this significantly extends our reach in terms of mortgage distribution.
“There has been a significant increase in the number of lenders and products in the buy-to-let market over the last year but far too much of this expansion lacks innovation.
“Paragon delivers something that is genuinely different in providing solutions for larger-scale portfolio landlords, whilst at the same time we compete for mainstream buy-to-let with our Mortgage Trust brand."
