Openwork, one the UK’s largest financial services networks, has announced the addition of The Mortgage Lender (TML) to its lender panel.
The panel includes high street banks, building societies and specialist lenders to meet adviser’s growing client demand for products and services in the mortgage market.
As a specialist lender, TML provides mortgages to a customer base that is typically underserved by the high street – like the self-employed, entrepreneurs, people with complex incomes or credit histories. The range of mortgages available can help first-time buyers and those remortgaging, offering both residential and buy-to-let mortgages with lending available in England, Scotland, and Wales.
David Booth, mortgage proposition manager at The Openwork Partnership, said: “We are delighted that The Mortgage Lender is joining Openwork’s lender panel which now has an impressive array of providers to meet the diverse needs of the market, our direct panel relationships now account for 96% of all mortgage lending in the UK.
“As a fully owned subsidiary of Shawbrook Bank, The Mortgage Lender has the ambition and enthusiasm to become a leader in the specialist lending market. With its head office in Glasgow, the addition of TML to our panel will be well received by our advisers in Scotland in particular. We look forward to having TML on board.”
Sara Palmer (pictured), distribution director at The Mortgage Lender, added: “We are thrilled to partner with The Openwork Partnership, a Network with over 50 years’ experience and expertise helping customers with their financial needs. As customers circumstances become increasingly more complex, our appointment offers more real-life options to support The Openwork Partnership’s advisers and their clients”.