The announcement follows BOI UK’s re-entry into the British intermediary mortgage market in December under its own brand, via a pilot with three estate agencies.
Alison Pallett director of sales, Bank of Ireland UK, said: “I’m delighted to announce that the Bank is extending its distribution in the UK intermediary mortgage market with Openwork.
“This is an exciting time for us and a big step forward in our growth agenda. We’ve expanded our sales and underwriting teams and opened a new processing centre to support our expansion and to ensure we continue to deliver excellent service. We’re also developing a new mortgage platform that will launch later this year”.
Paul Shearman, proposition director for Openwork, said: "Our partnership with Bank of Ireland comes as part of our desire to work with the very best of the UK's lenders. With such a strong history of lending in the intermediary market, I am delighted to be introducing Bank of Ireland products to our advisers and know they will be well received across the network.”
