Uswitch and owner completes Mojo Mortgages deal

The owner of Uswitch, and has completed its acquisition of Mojo Mortgages.

RVU first announced the deal for Mojo mortgages, which recently relocated its head office from Macclesfield to Manchester, in July.

The company has more than 60 employees and is a free online mortgage broker, delivering personalised recommendations through smart tech and experts.

READ MORE: Halfords agrees to acquire National Tyres group for £62m

Richard Hayes, co-founder and CEO of Mojo Mortgages, said: “In our three years as a start-up, we helped a lot of homebuyers and took many great strides on our mission to bring financial confidence and transparency to everyone in the mortgage market.

“Now working alongside RVU’s household names; Uswitch, and, which welcome millions of customers looking for mortgage help, we’ll have the scale and support to truly change how people think and feel about mortgages in the future.

“Manchester has always been our home and we are committed to expanding our operations here as we continue to grow within RVU. It’s exciting times for Mojo, Manchester and mortgages.”

Don’t miss a thing – sign up for your free North West newsletter – and follow us on LinkedIn Email newsletters

BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts.

You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.

Visit our email preference centre to sign up to all the latest news from BusinessLive.


For all the latest stories, views, polls and more – and the news as it breaks – follow our BusinessLive North West LinkedIn page here.

Tariq Syed, CEO of RVU, added: “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.”

Mojo Mortgages was co-founded by Richard Hayes and Nick Sherratt.

Formed in May 2018, RVU has offices in London, Cardiff, Madrid, Paris, Mexico City and Gurgaon and is jointly owned by US-based Red Ventures as well as Silver Lake, GIC and PSP Investments.

Read More Related Articles Selfridges owners ‘close in’ on £4bn sale to Thailand group Read More Related Articles Revenue jumps as profits hit £55m at investment platform giant AJ Bell