Mortgagez was founded in 2018 by mortgage expert Vik Roda. Like all great businesses, through extensive experience in the industry, Vik saw an opportunity to make things quicker, easier and cheaper for the consumer. Vik approached Alex Seth, a close family friend, who had spent his entire career delivering digital financial services products and services to large institutions and fintech providers. With a shared vision of radically improving the way mortgages are applied for, Mortgagez was born.
After partnering with the highest quality development firm, Vik and Alex were able to gain FCA approval to launch the Mortgagez service. They then set about building the platform and recruiting CeMAP mortgage advisers to cope with customer demand. Mortgagez totally understands that buying a property is the largest financial commitment most people will ever make. As a result, this was the motivation behind blending the best parts of financial technology and the knowledge of real expert mortgage advisers. Ultimately, buyers should never be expected to make such a large commitment without expert advice but the lengthy application process and market comparison element needed digitising.
Quick quotes. Smart solutions
As the mortgage market slowly adopts financial technology, it has not been utilised necessarily for benefit of its customers. One of the initial pain points that Mortgagez addressed was the unnecessarily long quote processes which often included convoluted basic affordability checks. In essence, there is no reason why these couldn’t be done quickly and easily to simply see what you can and can’t afford. Previously they have involved completing lengthy forms, when simply seeing what the real mortgage deals currently are, based on your circumstances, can be done anonymously. The difference with Mortgagez is that there’s no requirement for you to sign-up or provide anything more than basic financial information. Unless of course you want to obtain a copy of your actual mortgage quote in which case your email address can be provided.
The importance of independent mortgage advice
As an independent mortgage adviser, Vik has always advised his clients to not choose an estate agent partnered mortgage adviser, as they are not simply on the side of buyers. The ethos of providing the very best service to buyers has been a constant in Mortgagez’s development and service. To put it simply, Mortgagez is only interested in getting the very best deal for their customers, whilst removing stress and hassle along the way.
Mortgage services all under one roof
Vik and Alex did not stop here, they endeavoured to bring all mortgage requirements under one roof, allowing their customers to browse solicitor quotes, offer essential cover such as life insurance and home insurance, making sure the customer always gets the best possible deal without having to play ‘phone tag’ with countless different services. Mortgagez also allows customers to track their mortgage application from start to finish via the online portal, without having to ring several people or companies to chase for updates. In essence Mortgagez is designed to save you both time and money.
The Mortgagez team are happy to help with ALL of your mortgage requirements. Be that a mortgage or remortgage – and we won’t charge you a penny for our service when you go via our portal.
For an up-to-date view, why not compare and secure the best mortgage deal for you TODAY by completing a quick quote online and seeing how much money you could save.
YOUR HOME MAY BE REPOSSESSED IF YOU DON’T KEEP UP REPAYMENTS ON YOUR MORTGAGE
Any guidance and/or advice contained within this document is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. Any technical or regulatory information contained within this document was correct at the time of producing it but as it may be subject to change it should not be exclusively relied upon when making a financial decision. The Financial Conduct Authority does not regulate advice on Buy to Let mortgages.
Article written: June 2020 230620 MZ000131
