See your mortgage in Monzo 🏠 [Mortgage Referrals pilot live 🚀]

[DaveJ (Dave)]

They probably already have all that data, they just don’t show it in a view on any of the apps

[Paulw (Paul)]

@HB

If all goes to plan, this is just the start. Based on our research with customers, we’ve got some great ideas on what to work on in 2023, but we’d love to hear what you’d like to see next to help you stay in control of your home finances!

As Peter has said, manual accounts for savings would be awesome. Or using same / similar approach to those budgeting apps like Lumio where I can see Marcus, Crowdcube etc so that we’re getting closer to a net worth figure in Monzo. If you’re grabbing data from credit agencies, I’m assuming you could represent other loans in the same way? That would be cool too.

[Chris_R (Chris Rimell)]

This is a great starting point.

I think as others have said would be good to link the payment from Monzo/connected accounts. I over pay, so would be good to include that. A graph would also be nice, but the progress bar works well.

It’s annoying that it’s not being updated on credit files very quickly. I’m at 42 days, and two payments have been made and not accounted for. Not a Monzo problem of course

[Haitch]

This is cool. Two things that immediately stand out

• I have too many cards to swipe across now, I don’t think the UI works anymore. Maybe the “zoomed out” view should be default

• To be truly useful it needs to show me when my fix rate ends, if that’s possible, as I can view my mortgage payments atm via the data feeds as a Premium Customer

• Bonus third thing, I think Monzo should be broken down into Assets - Current Account, Pots/Savings accounts and Liabilities - Flex, Credit Cards and Mortgages. This would work with the “zoomed out” view

• Extra bonus fourth thing, a mortgage calculator would be cool so that I can see how changing term/interest rate affects how long it would take to pay off

[JIMMWX (Village Idiot)]

I like this. The setup was super easy so kudos to that and it works as expected.

My only comment would be not too sure in the case of a mortgage how useful that percentage bar is.

[Nishi]

This is pretty cool - will be curious to see how this changes in the app when I remortgage soon to a different provider

[DaveJ (Dave)]

@Haitch

To be truly useful it needs to show me when my fix rate ends, if that’s possible

If you read the T&C’s for this mortgage view, it does mention something to do with this, so it might show up nearer the time along with suggestions of providers to use

[davidwalton (Award Winning Hot Coral Analyst)]

Feedback given in-app.

As for posts here…

@Peter_G

It’d be lovely to suck in the current property value from the Zoopla (or similar) API so we can see a (sort of) net worth figure.

This

@Peter_G

If we’re talking financial visibility, my pitch would be to add manual accounts.

But then this beats the previous ‘This ’ - because you’re manually in control of the value in the manual account (no Zoopla/etc. link needed).

@Chris_R

I’m at 42 days, and two payments have been made and not accounted for.

Same. A ‘Refresh’ icon/button that worked here would be 's () - my in-app feedback referred to this - auto-refresh every 30 days - or (even better) - be able to designate a mortgage transaction (payment) from a Monzo account which triggers a refresh of the connected Mortgage account a few days later. Sorted.

All feature-wishes aside, thank the Lord :

[Haitch]

@Haitch

Extra bonus fourth thing, a mortgage calculator would be cool so that I can see how changing term/interest rate affects how long it would take to pay off

Thinking about it, if the trends data could let me know what changing my mortgage rate/term does to my left to spend that would be pretty neat. Also, I only own half of my mortgage so it would need to divide everything (payments/asset) by two

[Peter_G]

Ooh, financial modelling. Yes please!

[Peter_G]

@davidwalton

Same. A ‘Refresh’ icon/button that worked here would be 's () - my in-app feedback referred to this - auto-refresh every 30 days

So I initially thought this was a Monzo thing. But it’s the same with the other TransUnion apps (Credit Karma etc).

[JIMMWX (Village Idiot)]

One other thing. Enabling it, for me at least, pushed it in front of the connected accounts on the Home Screen.

Would be good to be able to reorder it so it showed at the bottom since it’s the one I’m least likely to check.

[aCCount]

Really nice feature - good work!

[richycran (Rich)]

@JIMMWX

Would be good to be able to reorder it so it showed at the bottom

This. Seeing such a horrific balance which I’m broadly powerless over as I navigate to a connected account is deeply disturbing.

Perfect opportunity for a toggle to move it to the end of the carousel

[davidwalton (Award Winning Hot Coral Analyst)]

This is interesting. For me on Android it went to the very end (before the ‘Things you can do with monzo’ card) - which is where it should be really.

Then I noticed… under the ‘Things you can do with Monzo’ card is ‘Add another mortgage’ - so I tapped on it and went through the onboarding - but it seem to report only the same as my initially connected mortgage. I am clearly mortgage-limited here (one only), so can’t test it.

Anyone with multiple mortgages here? Can you connect more than one?

[Peter_G]

@davidwalton

This is interesting. For me on Android it went to the very end (before the ‘Things you can do with monzo’ card) - which is where it should be really.

Can confirm. Same here on Android.

[Ordog]

This was so easy to add. No login details needed or anything

[Paulw (Paul)]

@davidwalton

Anyone with multiple mortgages here? Can you connect more than one?

Yes and yes you can.

[davidwalton (Award Winning Hot Coral Analyst)]

Nice!

[DaveJ (Dave)]

@davidwalton

Same. A ‘Refresh’ icon/button that worked here would be 's () - my in-app feedback referred to this - auto-refresh every 30 days - or (even better)

Not going to be possible though, it’s based on what TransUnion hold about the mortgage. That’s ultimately down to when the provider sends another batch of data through. I don’t think there’s even a design for open banking mortgages and what it should share etc etc