As part of the next stage of our evolution, we’ve announced the launch of OnTheMarket Money, our new umbrella brand which will give consumers access to financial services and other essential products associated with the home moving journey.
Our first partnership with OnTheMarket Money is with London & Country Mortgages (L&C), one of the largest whole-of-market mortgage brokers in the UK, who’ll provide consumers with access to mortgage products and support via our portal.
Enhancements to our OnTheMarket website will support consumers with seeking a Mortgage in Principle and provide them with an idea of how much they might be able to borrow with the help of our new mortgage calculator, helping them save time by focusing on appropriate price brackets before contacting agents.
Our consumer referral partnership with L&C is just one of many integrations we’ll be launching over the coming 12 months, with a fee sharing mortgage referral solution, so that you can earn referral fees as an agent, expected later this year.
Discussing our latest news, Jason Tebb, Chief Executive Officer of OnTheMarket, comments:
“The launch of OnTheMarket Money is a key step in our evolution towards becoming a ‘one stop shop’ technology company that provides services for agents and consumers, across the entire property ecosystem. Our financial services offering will encourage and facilitate consumer interaction opportunities by providing tools to help make the home moving process easier and more straightforward.
We’re delighted to be working with L&C to make their services available to the millions of serious property seekers who visit our site each month. This partnership will help add even more value to consumers, as well as being financially prepared in readiness for their next move. This will combine perfectly with our ‘buyer ready’ proposition to ensure that our customers receive qualified leads from serious property seekers.
By having all this information and access to professional mortgage advice in one place on site, property seekers will have a much better understanding of their borrowing capabilities before engaging with an agent. Crucially, this is just the start of our journey to help our consumers find their next home and get financially qualified. As we continue to evolve our offering our aim in is to help OnTheMarket agents generate additional revenue from financial services themselves.”
Adam Connolly, Chief Commercial Officer at L&C Mortgages, comments:
“We’re thrilled to partner with OnTheMarket and bring our no fee, whole of market advice to all those looking for a new home. In a fast-paced mortgage market we believe that advice is even more crucial for customers. L&C is excited to bring our know how to helping prospective buyers get mortgage ready, putting them in the best position to make their next house move a successful one. That will have clear benefits not only for consumers but also for OnTheMarket agents.
Content provided by OnTheMarket.com is for information purposes only. Independent and professional advice should be taken before buying, selling, letting or renting property, or buying financial products.
