Openwork adds to lender panel

Openwork has added The Brightstar Group and Positive Lending to its specialist lending panel.

Openwork adds to lender panel

Openwork has added The Brightstar Group and Positive Lending to its specialist lending panel.

The Brightstar Group and Positive Lending were selected after both firms passed Openwork’s evaluation on product offering, service performance, technology, regulatory focus, financial strength and commercials.

The selected parties were noted for having a particularly positive adviser service proposition and a focus on delivering client outcomes.

Paul Shearman, proposition director, mortgages & protection at Openwork, said: “Our refreshed specialist panel will help us serve clients with more demanding needs such as those with more complex income, employment or credit profiles, clients looking to borrow for the short-term or raise additional funds that cannot be met through re-mortgage and much more.

“The addition of Brightstar and Positive Lending will offer greater choice to our advisers and their clients, backed up by best in class service. I know the changes will be well received by our advisers.”

Rob Jupp, chief executive of The Brightstar Group, added: “This is great news for Brightstar but, more importantly, it’s great news for members of the Openwork network as it gives them the opportunity to offer a more holistic advice service and means that they never have to turn away a client with specialist circumstances.”

Paul McGonigle, chief executive Positive Lending, said: “We’re delighted to be appointed to Openwork’s revised master broker panel for specialist lending support.

“Through Positive, Openwork members can access whole of market lender panels for bridging, second charge, complex residential and buy to let, including exclusive products and restricted lenders.”