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

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Leek BS launches five-year buy-to-let fixed rate

Leek Building Society has added a five-year fixed rate buy-to-let mortgage to its intermediary...

LendInvest unveils 10bps buy-to-let rate cuts

LendInvest Mortgages has reduced rates across its two-year and five-year fixed-rate buy-to-let products by...

Latest publication

Other news

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...