Countrywide and Blenheim Chalcot are partnering to develop an online mortgage broking business called Mojo Mortgages, set to launch in early 2018.
They will also offer a set of digital tools for mortgage advisers.
Blenheim Chalcot has built 40 digital businesses, including fintech enterprises such as free credit report business Clearscore, and creditor management platform TDX.
The launch of Mojo Mortgages will extend Countrywide’s mortgage channels to now include online offerings. As a result, Countrywide says it will continue to invest in its face to face, telephony and now online offerings.
Peter Curran, managing director for financial services at Countrywide, said: “We’re delighted to be partnering with Blenheim Chalcot to further expand our multi-channel offering for customers. Their experience of building successful digital businesses over many years is a great complement to our mortgage industry expertise.
“This year already we have strengthened our telephony mortgage sales channel and invested in technology to support our mortgage advisers. We plan to continue to grow all three channels as we offer a truly multi-channel proposition. This includes increasing our advisor force in the field, further strengthening our telephony team in Camberley and now through our partnership with Blenheim Chalcot, we’re able to offer digital tools to our advisors and launch a consumer-facing online mortgage proposition to further enhance the choice we give our customers.”
Dan Cobley, managing partner for fintech at Blenheim Chalcot, added: “With more than 600 branch and telephone based mortgage consultants and decades of experience, Countrywide has unprecedented understanding of the mortgage industry.
“Combining that with our 20 years’ experience of building digital platforms and businesses is a winning formula. Together we will build the best possible customer journey through any channel.”