An up-and-coming mortgage broker that’s partnered with online estate agents and proptech firms in the UK has processed home loan referrals worth £140 million just a year after launching a ‘white label’ plug-in for third parties.
Within the property sector its service, which is delivered exclusively online, offers traditional and online estate agents the ability to generate personalised recommendations for customers in just 15 minutes.
Richard Hayes, co-founder and CEO of Macclesfield-based Mojo Mortgages (above, right), says: “We’re on a mission to create a better mortgage experience for everyone, which is why we launched our strategic partnerships platform last year.
“Since then, the platform has won an industry-leading award, and we have helped thousands of customers get a mortgage, or remortgage through it.”
Mojo may be all shiny tech including an easy-to-use API ‘plug in’ for partners to use, but it’s a traditional mortgage broker behind the scenes. It has access to 20,000 mortgage products, like many other brokers used by estate agents, and its API offers all mortgage types including buy-to-let so customers can access the best deals for them across more than 90 lenders.
It has three more undisclosed partners about to join but in July pulled its biggest coup – partnering with the UK’s most high-profile online bank, Monzo.