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Marks and Spencer Bank agrees mortgage link up with Openwork

  • 25/07/2018
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Marks and Spencer Bank agrees mortgage link up with Openwork
Marks and Spencer Bank its expanding its mortgage distribution to network Openwork.


This is the lender’s third partnership of the year, after it partnered with Mortgage Advice Bureau a few weeks ago and London and Country in January.

Paul Stokes, head of products at M&S Bank, said the new appointments show how they have successfully developed a brokerage channel in just a few months.

He said: “Along with developing our product offering for both our direct and intermediary channels, we will continue to add to our broker network throughout the remainder of the year and into next, enabling even more customers to take advantage of the M&S-standard service they have come to know and expect from the brand when they make the biggest and most important purchase they will ever make – their home.”

M&S Bank launched its first mortgage range at the end of January this year.

In addition to a number of fixed and tracker options available to home movers and customers looking to remortgage.

The lender also developed a first-time buyer range offering £1,000 cashback to support those trying to take their first step on the property ladder and scope for up to four borrowers who will live in a property to take out a mortgage together.

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