End-to-end mortgage technology firm One Mortgage System (OMS) has completed a full application programming interface (API) plug in with West One for second charge business.
OMS users will now have direct to access to West One’s second charge products, which cover both residential and buy-to-let.
Users can secure a full decision in principle without the need to rekey data and the two-way API can speed up the advice, sourcing and delivery process.
OMS offers users access to residential, buy-to-let, second charge, equity release, bridging and commercial loans through its processing platform as well as general insurance and protection products.
It has also integrated with platforms Iress, Twenty7Tech, iPipeline and Knowledge Bank to offer users product sourcing, protection sourcing and criteria sourcing.
Neal Jannels (pictured), OMS’ managing director, said: “With a growing number of homeowners seeking to unlock equity from their property without disturbing their first charge mortgage arrangements, we are experiencing a huge amount of activity and interest being generated within the second charge marketplace.
“This is leading to more conversations with tech-savvy lenders such as West One who are looking to integrate their second charge propositions with the OMS platform. And we look forward to working closely with Marie and the team to help our users to service this growing demand in an even more effective and efficient manner.”
Marie Grundy, West One Loans’ managing director of second charges, said that the integration would offer “significant benefits” to its broker partners and customers.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.