Thereās lots of stress and paperwork in taking out or renewing a mortgage. Many people avoid it, even when the interest rates on their account rise. We think it could be simpler and much quicker.
This is still very early days, so we donāt have much more to share at the moment. But stay tuned!
I canāt see what Monzo will bring to the table if it is just a broker marketplace. It would just create another middleman layer between the broker, the mortgage company and the customer. Monzo Mortgages, on the other hand, would be very interesting!
Where is negative?!
I canāt understand the reason.
Itās my opinion. ISA and mortgage topics are pointless. Like guys we are working on something.
Last week my wife lost few hours because she was unable to use Asda payatpump at the early morning. I have to say something positive? No.
I already closed my Monzo account my wife will do the same.
I understand and think it is a great idea. My only point was there seems to be a lot of things in the pipeline but potentially less than expected coming out the other end
Hi there, just to clear things up - this thread isnāt to announce anything super new. At the start of the year we wrote a blog post with our plans for 2019, which included exploring mortgages.
Weāve now added that to our official roadmap, which links here. So this is the place to follow along for updates as we get them.
I take your point, but it doesnāt appear that these Mortgages will be a Monzo product and more an integration with brokers.
Also with things like Monzo Plus/ Business/ ISAs - they all tackle different customers and likely to have their own teams working on them and getting them ready.
Theyāre definitely in the test phase and so Iād rather see a lot of stuff being tested to see what sticks than only 1 or 2 things that my not apply to me being really looked at.