OMS reports record-breaking July

Published on

OMS has revealed that July was a record month for both applications and completions submitted via its CRM system.

In July 2024, the OMS platform facilitated nearly £1.5bn worth of applications and almost £600m worth of completions across all market sectors. This represents a 180% year-on-year increase in applications and a 130% rise in completions compared to July 2023.

The firm is on track to far exceed its 2024 projections, having reported a 132% growth in application levels year-to-date and a 145% increase in completion levels.

Neal Jannels (pictured), managing director of One Mortgage System (OMS), said: “A record-breaking July, along with unprecedented growth in both applications and completions across all market sectors, reflects the significant progress we have made as a business over the past 12 months. This achievement also highlights our ongoing commitment to delivering greater efficiencies and exceptional value to our users and strategic partners.

“Our continued success is a testament to the hard work and dedication of our entire team. As we look ahead, we are excited to build on this momentum and continue evolving our offerings to ensure we deliver cutting-edge solutions that empower our users to achieve all their business goals.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

House price growth slows to 0.8% as market loses momentum

Annual UK house price growth slowed sharply in September, while prices also edged lower...

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...

Former LMS chief Nick Chadbourne takes chair role at Novus Strategy

Nick Chadbourne, the former chief executive of LMS, has joined mortgage and homebuying consultancy...

Vernon appoints Anthony Murphy to board and audit role

Vernon Building Society has appointed former Nottingham Building Society finance chief Anthony Murphy as...

Latest publication

Other news

House price growth slows to 0.8% as market loses momentum

Annual UK house price growth slowed sharply in September, while prices also edged lower...

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...