One Mortgage System (OMS) has signed a new 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, as well as access to OMS’s end-to-end mortgage system and full workflow solution.

Since 2010, The Lending Channel has brokered around £160m worth of lending across both residential and commercial property finance, including short-term finance, first and second charge mortgages, and specialist buy-to-let markets.

The lender is fully authorised by the FCA and an accredited member of the National Association of Commercial Finance Brokers (NACFB).

OMS, the processing platform for brokers, has already integrated with five other platforms – Iress, Twenty7Tec, Hometrack, iPipeline and Knowledge Bank – to provide users with access to product sourcing, AVMs, protection sourcing and criteria searching.

“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,” commented OMS managing director, Neal Jannels.

“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.”

The Lending Channel managing director, Alistair Ewing, 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 We were looking initially to simply replace our existing and outdated CRM system – but this offers us so much more.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.”

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