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IN BRIEF: OnTheMarket launches new division ’OnTheMarket Money’

ALN

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Launches OnTheMarket Money, a new division providing consumers with access to financial services and other essential products associated with the home moving journey. Says OnTheMarket’s first partnership under this new brand is with London & Country Mortgages, a whole-of-market mortgage broker in the UK, who will provide consumers with access to mortgage products and support via the portal.

On Friday, the company launched Your Property Services, a sales and lettings data nurturing service, designed to help estate agents generate additional revenue and win more instructions through valuations.

Chief Executive Officer Jason Tebb says: ‘The launch of OnTheMarket Money is another 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.’

Current stock price: 61.40 pence, down 0.2% in London on Monday

12-month change: down 29%

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