Picture not described

Mojo Mortgages review

Mojo Mortgages is an online mortgage broker that makes it quicker and easier than ever to find the best mortgage.

Customer rating
★★★★★
Satisfaction survey
It’s free to use (Mojo Mortgages will receive a procuration fee when you switch)
If you prefer to discuss your mortgage in-person, this is an online-only platform

The online-only mortgage broker service, Mojo Mortgages, aims to add more speed and flexibility into the process of finding the best mortgage deal.

To get started, navigate to its website and fill out its simple questionnaire. It should take around 15 minutes. Afterwards, its hi-tech algorithm will search the whole of the UK mortgage market to immediately recommend the best deal for you.

The results are independent and unbiased, plus you can discuss your options with a professional mortgage adviser at any time.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Mojo Mortgages

Mojo: The UK's #1 Mortgage Broker

  • Free online mortgage broker
  • Mortgage in principle in 15 mins
  • Low interest rates
  • Free expert advice
Promoted

How does Mojo Mortgages work?

Once you land on the Mojo Mortgages home page, you’ll be asked whether you’re looking for a new mortgage or a remortgage. You can find the best deal for either situation.

First, you’ll be asked a few basic questions to check whether you’re eligible for a mortgage. This process should take around 60 seconds.

From there, you’ll create an account and be encouraged to complete the questionnaire. It includes questions about your income, expenditure, credit history and the type of mortgage you’d prefer.

You’ll immediately be presented with some suitable options and a member of staff will get in touch via online chat to help you arrange a phone call with a mortgage adviser.

The adviser will discuss your options in more detail and, once you’re ready, process your mortgage application for you.

Mojo Mortgages co-founder Richard Hayes talks about how the service is different

Is it safe?

Mojo Mortgages is authorised and regulated by the Financial Conduct Authority (FCA), which means it is subjected to the same regulations as all financial companies in the UK.

The products are recommended by a computer algorithm, so there’s no bias involved. The company has no relationships with lenders, positive or otherwise.

Are there alternatives?

Other mortgage brokers have already launched similar online-only platforms. These include:

  • Trussle. This website searches through thousands of products from more than 90 lenders to help you find the most suitable mortgage. The staff will handle your application for you, which you can track through a personal digital Trussle timeline.
  • Habito. This service uses a smart algorithm to show you the true cost of what you can borrow within a couple of minutes. The best deal is recommended out of 20,000 products from over 70 lenders.
  • MortgageGym. This online-only broker finds the best mortgage for your circumstances within a minute and you can save yourself an average of £500 on mortgage fees.

Advantages of using Mojo Mortgages

  • It’s free to use (Mojo Mortgages will receive a procuration fee when you switch)
  • Compares the whole market
  • A simple questionnaire that takes about 15 minutes to fill out
  • Unbiased, independent advice
  • You can use the Mojo Mortgages website 24 hours a day
  • Access to professional mortgage advisers
  • Regulated by the FCA

The bottom line

The robo-mortgage advice market has been growing in the last couple of years, with more house-hunters being drawn to the ease and speed of these services.

Mojo Mortgages is currently one of the leading websites in this niche, offering a simple application process and the opportunity to search the entire market.

The company has been vocal about the continued importance of human contact during the process of searching for a mortgage and reviews suggest that most users are pleased with the customer service offered.

Frequently asked questions about Mojo Mortgages

Mortgage ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our customer satisfaction scores (“Customers say”) are based on a survey of 893 customers carried out in December 2020.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

  • Testing For All review: Private COVID-19 tests for travel

    We reviewed Testing For All’s COVID tests for travel. Check out prices, speed, refund policies and what customers say about the service.

  • Eurofins review: Private COVID-19 tests for travel

    Check our review of Eurofins COVID-19 tests for travel, including price and what customers say about the service.

  • Solidi review 2021

    Find out if Solidi is the right crypto exchange for you in our review.

  • Mode review 2021

    Mode is a one-stop shop for buying and earning Bitcoin. See if it’s right for you in our review.

  • PrettyLittleThing Black Friday deals 2021 – Pink Friday is LIVE!

    Get up to 100% off! Everything you need to know about this Black Friday at PrettyLittleThing – find out when and how to shop to get the best deals.

  • Compare the best business credit cards of 2021

    Saving time on expense reports and streamlining your cash flow are just a couple of the many perks you could enjoy with a business credit card. Compare interest rates and check your eligibility today.

  • Motorhome breakdown cover

    Looking for the ideal breakdown cover for your motorhome? Use our comprehensive guide to find out what you need to get a quote.

  • Orca review

    Orca lets you invest in 250 stocks and exchange traded funds on the London Stock Exchange. Find out some pros and cons and its fees.

  • Natural gas ETFs

    Natural gas has been hugely successful in recent years. Find out more about natural gas ETFs and whether they’re worth investing in.

  • Ethical ETFs

    Ethical ETFs has been hugely successful in recent years. Find out more about ethical ETFs and whether they’re worth investing in.

Go to site