Mojo Mortgages plans to boost headcount by two-thirds following its acquisition by RVU

By John Reynolds on Tuesday 28 June 2022

Alternative Lending

The challenger mortgage provider is specifically designed to help first-time buyers get “mortgage ready” and has won several awards for its innovative products, such as its app Mortgagescore.

Mojo Mortgages plans to boost headcount by two-thirds following its acquisition by RVU
Image source: Richard Hayes, CEO and co-founder of Mojo Mortgages.

Manchester-based mortgage challenger Mojo Mortgages says it’s planning to boost its headcount by two-thirds this year, including recruiting more than 30 new mortgage advisors.

The recruitment drive follows RVU, owners of Uswitch, Confused.com and Money.co.uk, snapping up Mojo for an undisclosed amount late last year.

The challenger mortgage provider is specifically designed to help first-time buyers get “mortgage ready” and has won several awards for its innovative products, such as its app Mortgagescore.

It uses a hybrid approach, which utilises both tech and human input to compare products.

Mojo currently employs 74 members of staff in the UK.

It says it plans to hire more than 50 staff including 30 mortgage advisors and staff across advice, case management, sales, quality assurance and learning and development teams.

It said plans to scale up the business following the purchase by RVU are underway, with recruitment being crucial.

Richard Hayes, CEO and co-founder of Mojo Mortgages,said: “The last six months has been a whirlwind for Mojo Mortgages as we have embarked on the first stage of our scaling plans as part of RVU. 

“We have been able to help more people than ever before on their mortgage journey at a time where the property market is as hot as it has been in many years. 

“We’re now in a position to supercharge our growth efforts as we head into the second half of the year and the recruitment of new talent will be key to achieving this. 

“As the rising cost of living continues to impact homeowners and prospective first-time buyers across the country, we want to invest heavily into our advice and application teams to ensure we continue to put customers in the best position when navigating the mortgage process.”

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