GoCompare teams up with Mojo for mortgage service | Mortgage Strategy

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GoCompare has partnered with Mojo to show customers how much they could save by switching mortgage lender.

The comparison website is using Mojo’s technology to give borrower’s a personalised view of their potential savings and also put them in touch with a broker if they wish to receive advice.

The process takes around 10 minutes and compares deals from over 90 lenders.

GoCompare is the latest of several other companies to agree partnership deals with Mojo, including Zoopla and Monzo.

Mojo Mortgages chief executive Richard Hayes says: “Everyone uses GoCompare to lower their monthly outgoings – it’s a given that nobody likes overpaying on insurance and utilities. 

“Yet mortgage repayments dwarf all other expenditure, so it makes absolute sense that we all should have more clarity if we’re paying too much for our mortgage.

“This partnership does that. It provides absolute transparency to the users of GoCompare. And if they do see a deal that can save money, then it’s so simple to apply for it with Mojo.

“Mortgages are the final financial service to get the full online comparison treatment, but we believe for some people, advice will remain a key part of the process. 

“So, our hybrid broker/technology proposition means comparison experts like GoCompare can offer their customers a truly end-to-end mortgage journey.”

Hayes adds: “Working with partners has always been a big goal for Mojo in our bid to bring more confidence and choice to mortgages. 

“Traditionally, people haven’t been able to compare all their mortgage options, and this limited choice has cost `some of them hundreds of pounds a month. 

“By working with GoCompare – a household name known to save people money – we know more and more people will use our Mojo tech, speak to our advisers and get a better deal – one that’ll put some money back in their pockets ahead of what could be a tricky economic future.”


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