Click2Check has joined the Open Property Data Association (OPDA) to help speed up the homebuying process.
The company provides credit reports, digital anti-money laundering checks, identity verification, and open banking data for financial advisers, mortgage intermediaries, estate agents and solicitors.
The service is designed to bring together key client information in one place, making it available within minutes.
Click2Check’s digital solution supports the association’s aim to make data sharing across the mortgage and property chain transparent, secure and accessible.
The company’s reports are available to financial services professionals, with anti-money laundering and identity verification helping to tackle fraud.
David Jones (pictured), CEO of Click2Check, said: “It is important that 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.”
Jones added: “This problem was widespread, so as a result, we developed a faster, more secure and more accurate process for obtaining this vital information – which led to the creation of Click2Check.
“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.”
He said: “It is also a step towards achieving our own mission of making things quicker and easier for brokers.”
Maria Harris, chair of the OPDA, 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.”
Harris added: “Organisations such as Click2Check who share our goals, help us to turn our mission into a practical solution.”
