OMS signs tech agreement with The Lending Channel

OMS's system covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection.

OMS signs tech agreement with The Lending Channel

One Mortgage System (OMS) has signed an agreement with The Lending Channel to be its primary tech provider.

The integration will allow The Lending Channel to offer product sourcing without the need to rekey any data, plus access to OMS’s end-to-end mortgage system and workflow solution.

OMS's system covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance and protection.

The Lending Channel operates in both residential and commercial property finance, including: short-term finance, first and second charge mortgage and specialist buy-to-let markets.

Neal Jannels, managing director of One Mortgage System (OMS), said: “The Lending Channel is similar to OMS in the sense that it is a growing family business which is fully versed on the intricacies of the modern mortgage market and focused on making each and every client journey an outstanding one.

“These synergies shone through from an early stage of discussions and we are looking forward to working closely with the team to ensure that we both grow in the right way by continuing to provide the highest levels of support and always delivering on our promises.”

Alistair Ewing, managing director at The Lending Channel, added:“From the very opening dialogue, we have been very impressed with both the proposition and team at OMS. We were looking initially to simply replace our existing and outdated CRM system – but this offers us so much more!

"Our operational efficiencies will be improved massively allowing our team to continue delivering a first-class service to our introducers and end user clients in a market that will only continue to get more competitive.”