Specialist quartet join Openwork lender panel

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The Openwork Partnership has added four specialist residential and buy-to-let lenders to its mortgage panel.

The four new additions are Foundation Home Loans, Landbay, Pepper Money and Vida Homeloans.

The Openwork Partnership said it launched a “rigorous tender process” that looked at all specialist lenders in the industry as it looked to meet growing demand across the mortgage market in response to changes in the buy-to-let and residential markets.

The network has seen demand for lenders able to consider more complicated income and employment histories as well as clients with credit issues.

Paul Shearman, proposition director, mortgages & protection at the Openwork Partnership, said: “Our refreshed panel offers the best support from across the industry and our direct panel relationships now account for 96% of all mortgage lending in the UK.

“The four new lenders are fantastic additions to our panel and will enable advisers to help even more clients in the changing mortgage market.”

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