Link-up with major financial services group means Andrews can build its mortgage offering

April 8, 2021

Property group Andrews has substantially boosted its mortgage business by joining the Openwork Partnership, an organisation with more than 4,200 financial advisers across the UK.

Under the agreement Keynsham-headquartered Andrews will be able to widen its client offering to include holistic wealth advice. 

It said the move would help it deepen client relationships and diversify income streams.

Andrews, which was founded in 1946, currently offers services ranging from sales and lettings to financial services, property asset management and new homes from its 47 offices across the South of England.

The Swindon-based Openwork Partnership operates as a directly authorised, multi-panel distribution network. In the mortgage sector it operates a panel of 50-plus lenders and is among the top three networks for almost all major mortgage providers.

Its link-up with Andrews takes its number of mortgage and protection advisers to more than 2,500 out of a total of 4,200 financial advisers.

The firm, which recently rebranded from Openwork to The Openwork Partnership in a move it said better reflected its emphasis on putting clients first and working together to achieve growth, said a further 200 advisers were due to join soon.

Andrews chief operating officer Paul Bumford said: “We chose The Openwork Partnership because of their award-winning mortgage proposition as well as the strong cultural fit between the businesses. 

“Offering a wider choice of solutions to our clients is important to Andrews and we look forward to working with everyone across the network as we expand our advice offering to new and existing clients looking for support across mortgages, protection and wealth.”

John Cupis, managing director, mortgages and protection, at The Openwork Partnership, added: “We would like to welcome everyone at Andrews and their business partners to Openwork and look forward to helping them to deliver on their ambitions plans over the coming months and years.

“It is particularly pleasing to finalise the partnership with Andrews during the Covid-19 pandemic demonstrating the appeal of The Openwork Partnership following our recent rebrand.

“It is testament to the fantastic work of everyone at The Openwork Partnership that Andrews has chosen to partner with us during these turbulent times and is also capitalising on the opportunity to diversify into pensions and investment advice.

“There has never been a better time to join our network and I believe that our holistic proposition makes us an exciting partner for advisers up and down the country.”

Andrews’ founded Cecil Jackson Cole also helped launched Oxfam and Help the Aged. a minimum of 35% of Andrews’ annual profits are shared with two charitable trusts that it, ultimately, owns.

Since 1985 it has paid out more than £10m to the Andrews Charitable Trust (ACT), ACT, which focuses its work on supporting ventures that tackle the link between poverty and housing, and Speaking Volumes, which publishes Christian books.



Comments are closed.


Reach tens of thousands of senior business people across Bristol for just £120 a month. Email for more information.