RVU, owner of Uswitch, Confused.com and Money.co.uk, takes over the UK mortgage sector by agreeing to acquire Mojo Mortgages.
Mojo, based in Manchester, is a free online mortgage broker providing personalized mortgage advice through a hybrid of smart technology and mortgage experts.
The firm offers access to deals from over 90 lenders, giving users free advice on the best options before processing the application process on their behalf.
In 2018, industry veterans claim Mojo Mortgages helps around 70,000 people a month get personalized mortgage advice.
Tariq Sayed, CEO of RVU, says the acquisition will allow the company to own the entire mortgage process for clients from the moment they seek information and advice to apply and obtain a mortgage.
“Millions of mortgage seekers come to us through trusted sites such as Money.co.uk, Uswitch and Confused.com,” he says. “Mastering every part of the process means we can improve their experience from start to finish. It is a unique combination of capabilities that brings our growing audience together with the UK’s most advanced digital broker. ”
Financial terms of the acquisition were not disclosed.