Openwork adds Kent Reliance to panel

Openwork has addedKent Reliance to itslender panelforbuy-to-let and shared ownership mortgages.

The move further enhances the range of loans available through Openwork following the recent addition of Fleet Mortgages to the network’s lender panel, announced last month.

Paul Shearman, mortgage proposition director at Openwork, said: “Further to the recent launch of Fleet Mortgages onto the Openwork panel, we are extremely pleased to announce the addition of Kent Reliance. The buy-to-let and broader specialist lending market is moving rapidly and ensuring we offer the very best of the UK lenders operating in this space is critical to our strategy.

“Kent Reliance has been a massive success story in recent years and we are sure its proposition, particularly in the complex buy-to-let arena, will be well received by our advisers.”

Adrian Moloney, sales director at OneSavings Bank plc, added: “We are delighted to join Openwork’s mortgage panel as we continue to widen our distribution footprint in 2016. This reflects our commitment to provide intermediaries with flexible and better value specialist mortgages from an award-winning product range.

“The proposition is further supported by our national network of business development managers and specialist underwriting expertise combined with Openwork’s strong reputation in providing specialist financial advice to landlords who continue to meet the needs of the UK’s growing private rental sector.”

Openwork has seen lending surge 48% year-to-date compared with the same period last year.