Dashly review

Dashly is a smartphone app that helps you switch your mortgage whenever doing so could save you money. Discover whether it's worth using.

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Traditionally, homeowners consider switching their mortgage only when they come to the end of an introductory fixed-rate period (provided they remember, that is). However, this may change following the introduction of the new smartphone app Dashly, which aims to help users discover when they could save money by switching to a new mortgage, and to facilitate the switch.

Dashly’s roll-out is being overseen by the financial regulator, the Financial Conduct Authority, as part of its “sandbox” scheme, where 29 start-ups test their financial product under the regulator’s supervision. At the time of writing, you can’t just get the app from Apple App Store or Google Play – you’ll need to join a waiting list by submitting your email address.

How does Dashly work?

Mortgage robo-advice has been around for a little while now, but Dashly’s spokespeople claim that its software is the “next generation”.

So what’s new? Well, Dashly goes beyond assessing the best deal available at the end of your fixed-rate period. While robo-advice services are commonly based on calendar-based alerts, which flag when a fixed-rate deal is close to expiring, Dashly is “always-on” – scanning real-time market data and using it to run calculations based on your particular circumstances.

Naturally Dashly provides its own brokerage service – after all it needs to pay for itself somehow. Whenever the market moves so that a your current mortgage isn’t the best deal any longer, you’ll be presented with alternatives and directed to the broker who will ask further questions to assess your eligibility.

Is it safe?

Users can be comforted by the fact that Dashly is authorised and regulated by the Financial Conduct Authority (FCA).

The app doesn’t use hidden charges, adverts, or email spam, plus the security is as good as that used by the world’s leading banks.

L&C Mortgage Advice

London and Country Mortgage Experts

L&C is a specialist broker offering mortgage comparison & free advice.

  • Compare over 80 mortgage lenders
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The finder.com mortgage service is provided by London & Country Mortgages (L&C). Beazer House, Lower Bristol Road, Bath BA2 3BA.
L&C are authorised and regulated by the Financial Conduct Authority (reg no. 143002). Please note the FCA does not regulate most Buy to Let mortgages.

Are there alternatives?

Other mortgage brokers have already launched robo-advice platforms. These include:

  • Trussle. This will search through thousands of products from more than 90 lenders to help you find the right mortgage. You can then track each stage of your mortgage application through a personal digital Trussle timeline.
  • Habito. This service shows you the true cost of what you can borrow within two minutes, via a smart algorithm, and estimates the best deal based on 20,000 products from over 70 lenders.
  • MortgageGym. It allows you to find the best mortgage for your circumstances in 60 seconds, and save yourself around £500 on mortgage fees.

Where do I sign up?

You can request an invite by visiting dashly.com and leaving your contact details. A member of the team will then get in touch when they’re ready to accommodate you.

Dashly’s pros and cons


  • It’s free to use (although Dashly will receive a referral fee from the lender when you switch, as any broker does).
  • Discover better deals in real-time.
  • The information you’ll receive is based on calculations that take into account your individual circumstances, like the value of your property, your equity and your mortgage term.
  • Dashly has a “whole market” view.
  • Dashly is regulated by the FCA.


  • At the time of writing, there’s a waiting list to use Dashly.
  • The software remains in its early stages.
  • You’ll need to input a bunch of details from your mortgage statement or your key facts document (still got that?) and if you make changes to your mortgage, you’ll need to update your details in the app.
  • Lack of human contact.

The bottom line

The jury is still out on robo-mortgage advice as a whole, given that mortgages can be complicated products and that consumers may benefit from a face-to-face discussion. However, the early signs are that Dashly does represent a step-change in the market for digital-savvy homeowners.

Frequently asked questions about Dashly

Find a mortgage using a broker to compare the market

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Mojo Mortgages

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Save £1,000s on your mortgage. Applying is quick & easy with Habito. Get a quote online in minutes.
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The UK's largest fee-free mortgage broker & adviser. No hidden costs. L&C compares rates from over 80 lenders.

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