RVU, which owns several prominent brands, including Confused.com, Uswitch.com and Money.co.uk, has agreed to buy Mojo Mortgages.

The buyer was founded in 2018, during which year it purchased Uswitch.com.

It acquired Confused.com alongside the Spanish website Rastreator.com and French website LeLynx.fr from Admiral in April this year for £508m.

RVU says that its latest move will allow it to “go deeper into mortgage intermediation” and be present at every stage of the house buying process – “from the moment [the customers] seek information and advice to applying and securing a mortgage.”

The current deal is subject to regulatory approval and no details as to the price have been disclosed.

RVU chief executive Tariq Syed says: “Millions of mortgage seekers are coming to us through trusted sites like Money.co.uk, Uswitch and Confused.com.

“Owning every part of the process means we can improve their experience from start to finish. This is a unique fusion of capabilities, combining our growing audiences with the most advanced digital broker in the UK.

“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.”

And Mojo Mortgages chief executive Richard Hayes comments: “Three years ago, we started Mojo with a clear vision to make everyone feel more confident about finding a great mortgage deal.

“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.

“Alongside RVU, we’ll be at the forefront of positive change for the UK mortgage market. We can’t wait to get going.”