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Openwork originated over £20bn of lending in 2007

Network Openwork has originated in excess of £20bn of lending in 2007, hitting its lending target with a 15 per cent increase on 2006.

It says that January lending levels were up over 30 per cent on December and up 10 per cent on January 2007.

Openwork’s market share in January increased from 4.1 per cent to 4.4 per cent, the highest it has achieved since inception in 2005.

The network has arranged road show events which start on April 8 and take in 10 locations around the country, finishing on May 1 in London.

Openwork mortgage proposition director Paul Shearman is confident that the network will build on its previous success. He says: “We have possibly the best mortgage proposition for advisers in the market today. We remain at the top end of lenders’ focus and this is a strong testament to their faith in our quality and production levels.”

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