Freedom Finance has announced the launch of a new partnership with One Mortgage System (OMS).
The lending platform has selected to partner with OMS’s full back-office processing system following an extensive review period.
Freedom Finance provides unsecured personal loans, credit cards, mortgages and other financial products across the UK. The firm said that its latest move, which extends the uptake of the OMS platform, highlights the heightened demand for cost-effective and time-saving tech enhancements across the mortgage market.
OMS covers product areas such as residential, buy-to-let, second charge, equity release, bridging, and protection. The firm has now integrated with several platforms, including Submissions Brain, Iress, Twenty7Tec, iPipeline and Knowledge Bank, to provide users with product sourcing, protection sourcing and criteria searching.
“Freedom Finance is a true innovator when it comes to entrepreneurship in the lending sector,” commented OMS managing director, Neal Jannels. “As a company, they are at the forefront of the tech curve in terms of how they utilise data and adapt a range of solutions to ensure their customers can easily access the most appropriate products for their needs.
“It’s always heartening for the OMS platform to be chosen to play an integral support role in the future of such a leading tech-focused proposition, and we’ve successfully brought together a number of system integrations to cater for all of Freedom Finance’s requirements. It’s been an exciting journey with both tech teams and we look forward to enhancing this further during 2022.”
Freedom Finance chief commercial officer, Andrew Fisher, added: “Our partnership with OMS is a highly progressive move. OMS is a pioneer in mortgage processing and their ability to meet our ambitious aims was a key factor in the decision-making process. The vast experience and expertise of the OMS team offers an additional dimension to our offering and provides users with a seamless experience, dovetailing perfectly with our digital lending marketplace.
“Reliable, innovative technology that simplifies the customer journey is exactly why Freedom Finance is trusted by so many of the UK’s biggest lenders. This partnership will make it easier for even more people to benefit from the extensive range of mortgage products and providers available via our digital marketplace.”
Latest News
-
House price growth slows to 3% – ONS
-
Inflation remains unchanged at 3.8% in September
-
£8.8bn worth of BTL loans advanced in Q2
-
Quilter reports third successive quarter of £2bn+ inflows
-
IHT receipts total £4.39bn in six months to September
-
Younger advisers more likely to work with new clients, study finds
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories