Openwork announces 23% rise in mortgage lending

Openwork announces 23% rise in mortgage lending

Openwork has announced today that it expects to achieve £10bn of mortgage lending and beyond this year after seeing a 23% annual rise during 2015.

The network saw mortgage lending soar to £9.1bn in 2015 from £7.4bn in 2014 - its best annual lending figures since 2009.

Openwork predicts further growth, partly due to organic growth and partly through Just Mortgages, the financial advisory business of Spicerhaart, which is joining the network from L&G next month.

Just Mortgages will become Openwork’s largest mortgage-focused AR firm with 130 advisers.


Paul Shearman, Openwork’s Mortgage and Protection Proposition Director, said: “2015 was a fantastic year for mortgage lending at Openwork and our best annual performance since the crash. To have exceeded £9bn of lending – a substantial year-on-year uplift – is a significant achievement and testament to both our advisers and the quality of our market-leading proposition.

With this year shaping up to be an even better one, particularly with Just Mortgages about to join the network, we fully expect to have surpassed £10bn of lending by the end of 2016.”

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ChristinaReedUK
ChristinaReedUK 20 Jun 2016

I don't understand why it's always a war between the two sides. Either, way the landlord is probably keeping a detailed inventory and will see the changes you've made. I just don't understand why there...

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NathanGreen
NathanGreen 16 Jun 2016

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AndiMur
AndiMur 15 Jun 2016

TheGuardian published the same forecast. But on the other hand, professional brokers express different opinions. According totranio.com, an exit from the EU would not affect the demand/supply imbalance...

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Gary Holmes 14 Jun 2016

Having a professionally completed inventory at check-in and check-out is clearly (to me at least) of minor value. Tenants make un-authorised modifications and/or walk off with items that belong to the

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Violet Gibson 14 Jun 2016

Cautious people think buying off-plan is reckless, but over the past few years investors have literally made fortunes.Pre-release prices have obvious benefits for the developer, who gets instant finance...

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Kate Windleton 14 Jun 2016

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NathanGreen
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ChristinaReedUK
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keybanks estates
keybanks estates 08 Jun 2016

Great News for first time buyers, about time two!

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