Home » News » ZPG’s subsidiary buys up leading online mortgage broker Mojo

ZPG’s subsidiary buys up leading online mortgage broker Mojo

RVU, which operates ZPG's separate price comparison and financial services arm, has bought the broker for an undisclosed sum.

Nigel Lewis

syed zoopla rvu mojo mortgages

RVU, which is part of the ZPG group of companies that includes Zoopla has agreed to buy mortgages broker Mojo for an undisclosed sum via a subsidiary, signalling its move into the online mortgage broking market.

The firm, which operates USwitch, Confused.com and Money.co.uk, has completed the purchase.

Mojo is a free mortgage broking service that’s particularly popular with first time buyers for its ‘get mortgage ready’ app, Mortgagescore.

It was started three years ago by founders Richard Hayes and Nick Sherratt.


Although the purchase price has not been disclosed, Mojo’s most recent accounts show it owed parent company Life’s Great Group Ltd, which has been helping finance its launch and development, some £3.6 million while the company overall has received seed and Series A funding of £7.6 million.

RVU says the deal will enable it to go deeper into mortgage intermediation and ‘own the full journey across all customer touch points, from the moment they seek information and advice, to applying and securing a mortgage’.

Tariq Syed, CEO of RVU (main pic), says: “Digitalisation has been sluggish in the mortgage sector but together with Mojo we will have the teams and the tools to supercharge the process and give consumers the experience they deserve.”

mortgages mojoRichard Hayes (pictured), Co-founder and CEO of Mojo Mortgages, says: “This significant next step in our journey makes that vision a reality on a scale we could have only dreamt of back then. We’ll look to revitalise the UK mortgage ecosystem while creating remarkable digital experiences for both our colleagues and our customers.


July 12, 2021


  1. Less than two years ago – people mocked the idea that the mortgage ecosystem could be run via AI and ML, I said firmly said that not only might it happen, but it already was. The pandemic has made end users adopt technology to ‘do property’ and ‘mortgages’ and their known outcome models, are perfect for software to compute known outcomes. The speed at which the lending sector in the industry, is both fast, as in Mojo looking to exit in under four years, and long with ‘open banking’, another sector of Fintech having been around for a decade and only now getting traction. Sharpen your pencils analogue mortgage consultants, software and end user sentiment is going to be the big story by 2025.

  2. Good luck Richard and the rest of the team at Mojo.

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