Residential People has learned today that RVU, owner of Uswitch, has completed their previously announced agreement to buy Mojo mortgages.
The Manchester based Mojo are a free online mortgage broker with over 60 employees. Meanwhile, buyer RVU operates a number of consumer-focused comparison brands, including the likes of Uswitch, Confused.com and Money.co.uk.
Commenting on the completion, Tariq Syed (featured image), CEO of RVU, said: “This is a win for the millions of mortgage seekers who are coming to us for help. Our combined scale, alongside the expertise Mojo brings, will allow us to have a hugely positive impact on this market and those dreaming of owning their own home.
“To date, RVU has been instrumental in revolutionising the process of buying car insurance and switching energy. Now, moving our attention to mortgages – a market left largely undisrupted, we will get to work on improving their mortgage experience from start to finish. With best in class sector expertise, will make mortgages fit for the 21st century, empowering consumers to find and secure the right deal for their needs.”