Brokers

Mojo Mortgages plans to hire 30 brokers in 2022

The Manchester-based online broker plans to take on more than 50 new staff across its advice, case management, sales, quality assurance and learning & development teams, with the majority of the new posts coming at its broker division.

The firm offers personalised mortgage recommendations using a hybrid approach, that combines smart tech and human advice to compare products.

It currently employs 74 members of staff across the UK, up from 60, when the firm was bought for an undisclosed sum in December by RVU, which owns Uswitch and Money.co.uk.

Mojo Mortgages chief executive and co-founder Richard Hayes says: “The last six months have 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 when 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.”

RVU owns a range of digital price comparison and switching services which operate across a range of utility and financial services products, including mortgages.

At the time of the purchase of Mojo Mortgages, RVU chief executive Tariq Syed said: “Our combined scale alongside the expertise Mojo brings will allow us to have a hugely positive impact on this market.”

He added that RVU had helped “revolutionise” the process of buying car insurance and switching energy. “[We are] now moving our attention to mortgages — a market left largely undisrupted.”

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