OnTheMarket PLC (AIM:OTMP), the online property service, will now offer customers help with mortgages as part of the launch of its new ‘money’ division.
Several financial services and “essential products” will be added to the group’s onthemarket.com property portal to help with the process of moving homes.
Partnering with London & Country Mortgages the new service will let customers look at different mortgage products while using the portal.
The service will provide a Mortgage in Principle so users can see how much they would likely be able to borrow.
Later this year, the group expects to roll out a “fee-sharing mortgage referral solution” to help brokers make sales through the platform.
Jacob Tebb, the chief executive officer at OnTheMarket said: “The launch…is another key step in our evolution towards becoming a 'one-stop shop' technology company.”
Last September, the business released a software service that provides estate agents with online solutions for sales, lettings, client accounting and customer relationship management.
OnTheMarket opened trading around 2.5% higher on Monday, valued at 63p.