One Mortgage System has (OMS) announced a full application programming interface (API) integration with new second charge lender, Interbridge Mortgages.

The partnership marks a move by OMS into the second charge mortgage market as well as a significant advancement in broker efficiency.

OMS is the only end-to-end platform which covers product areas including residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection. The group is integrated with several providers – Ignite, Submissions Brain, The Source, Twenty7Tec, iPipeline, Hometrack, Experian, Equifax, Uinsure, Air Sourcing and Knowledge Bank – to provide users with product sourcing, protection sourcing and criteria searching.

As part of its latest move, a two-way integration will allow OMS users to gain access to Interbridge Mortgages’ technology, enabling quicker lending decisions. The integration will also allow brokers to deliver informed lending solutions, giving more confidence to both brokers and their clients.

OMS managing director, Neal Jannels, highlighted the latest Finance & Leasing Association figures, which revealed that the second charge mortgage sector has enjoyed a “strong start to 2024”.

“In total there were 8,064 new second charge mortgages arranged over this period, with a value of £379m,” Jannels said. “These represent impressive figures and the recent launch of such an experienced, well-rounded and tech-focused proposition in the form of Interbridge Mortgages will serve to further bolster this important sector moving forward

“Through this exciting integration, OMS users can expect streamlined processes and full access to an innovative product range which will help a growing number of people across the UK for whom a second charge option is the right financial solution.”

Interbridge Mortgages CEO, Jonny Jones, added: “We are delighted to have launched with OMS to create a solution for our broker partners that delivers this. This integration means customers can get the financial solution that’s right for them more quickly and easily.”

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