This is to provide technical advice and support to underwriters.
There were 65,997 residential mortgages approved last month.
The lender started offering short-term loans last year.
The funding comes from Anthemis, the fintech investment fund behind eToro and Betterment, alongside Axel Springer Digital Ventures, an early stage investment unit of Europe’s leading digital publisher Axel Springer.
Openwork has over 3,900 financial advisers operating across the UK.
The average homeowner could expect to save £133,700 when paying a mortgage rather than rent.
These building regulations came into force since the Grenfell Fire.
This is despite rents reaching record levels.
Transaction volumes rose in Q3.
The FCA’s Senior Managers & Certification Regime (SM&CR) comes into force on 9 December.