OpenMoney has signed a contract to integrate Optimus’ panel management services into its homebuying service.

Home by OpenMoney is an online homebuying advice service that will provide customers with access to personalised advice on mortgages, solicitors, insurances, wills and surveys for first-time buyers.

As part of the contract, Optimus will provide panel management services to deliver and manage a Home Buyers and Building Surveys service, where Home customers will be able to access a range of professional surveys to assess the condition of a property, prior to purchase.

Karina Hutchins, head of Home by OpenMoney, said: “We are delighted to announce that we have selected Optimus as our preferred panel management service, where they will support us in providing a fast and easy way for our customers to order Home Buyers and Building Surveys.

“All quotations will be a fixed price and our customers will be able to manage their order through our online platform, which will be launching soon.”

Alan Young, managing director at Optimus, added: “We are delighted to be working in partnership with Open-Money.co.uk so its customers can access high quality Home Buyer and Building Surveys via our approved panel surveying partners.

“This will help make sure homebuyers using the Open-Money.co.uk service can investigate the condition of a property, before a purchase completes, and have a good insight into any aspects of the home that may need work either now or in the future.”