GoCompare clients are now able to view how much money they’ll potentially be saving on their mortgage by comparing personalized offers with Mojo’s technology along with providing signposting through to professional advice with a licensed mortgage advisor. This has been important at a time when banking institutions have been closing physical branches and call waiting times are increasing considerably.
More than 90 lenders and over 10,000 deals are compared with the most appropriate displayed to the client after an online process that may be completed within 10 minutes – directly via the GoCompare website.
It does not really matter if you are looking for your first mortgage, moving houses, or even remortgaging. Clients can always rely on improved visibility of their mortgage offers, and if they need professional advice they may book a call with a CeMAP registered Mojo advisor.
During the first week, many deal-savvy mortgage seekers reported using the service.
Richard Hayes, CEO at Mojo Mortgages, stated:
“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.”
GoCompare is the latest to join other major brands such as Zoopla and Monzo who have all reported seeing the benefit of Mojo Mortgages, an online mortgage broker that leverages innovative technology and the expertise of a team of experienced mortgage advisers.
Hayes also mentioned:
“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.”