Click2Check, a credit, anti-money-laundering and Open Banking provider used by financial advisers, mortgage intermediaries, estate agents and solicitors, has joined the Open Property Data Association (ODPA) as the body expands its membership across the housing and mortgage sectors.

The system provides credit reports, digital AML and identity verification checks, and Open Banking transactional data at the click of a button.

It is designed to allow advisers to access verified information within minutes, rather than relying on manual requests and slower document-gathering processes.

The move aligns with the OPDA’s objective to establish open data standards throughout the homebuying process and improve transparency across every part of the property chain.

The association is working to ensure that information can be shared digitally and securely, supporting faster decisions and reducing delays.

ALIGNING WITH INDUSTRY DIGITALISATION

Click2Check’s integrated reports, including AML and IDV checks, are intended to give brokers and other professionals consistent, trusted information while helping to combat fraud.

The company said its turnkey approach reflects the OPDA’s ambition to modernise how data is exchanged in the mortgage and property markets.

David Jones (pictured), chief executive of Click2Check, said: “It is important more organisations join the OPDA to contribute to what they are trying to achieve for the benefit of all.

“I have seen firsthand the inefficient nature of mortgage processing over twenty years of supplying business solutions to the mortgage sector.

“My wife, who worked as a mortgage adviser, would spend countless hours chasing bank and credit information only to find that, when it eventually came, it was not a true reflection of the client’s financial health.”

He added that these challenges led the company to design a faster and more accurate process for obtaining key financial information. “OPDA’s mission aligns perfectly with our belief that digitising the homebuying process will revolutionise the customer experience, improve property-buying and reduce the time taken to get a mortgage.

“Click2Check significantly speeds up the process, so joining the OPDA to play an active role was a logical step for us.

“It is also a step towards achieving our own mission of making things quicker and easier for brokers.”

SUPPORT FOR INDUSTRY-WIDE DATA STANDARDS

Maria Harris, chair of the OPDA, said the association’s work is gaining momentum as more organisations commit to supporting digital data standards. She said: “We are continuing our mission to transform and improve the home buying and selling process.

“This is gaining support across government and increasingly, through our growing number of members.

“The more members we gain from all parts of the housing industry, the more quickly the digitisation of transparent, secure and sharable data will be a reality. Organisations such as Click2Check who share our goals, help us to turn our mission into a practical solution.”

Since launch, the OPDA has delivered open property data standards designed to enable trustable and sharable information across the sector. Its free, open-source tools have been developed in collaboration with organisations across the industry.

Early adopters using the data standards for digital property packs have reported reducing the period from mortgage offer and purchase acceptance to exchange of contracts to as little as 15 days.