OneDome Outlines Intention to Acquire More Mortgage Brokers After 'Remarkable Success' of HomeBuyer Service

July 20, 2023
Share this Post: 

OneDome is on the lookout for more mortgage broker acquisitions after it revealed that its HomeBuyer service has delivered triple-digit annual revenue growth despite a weaker property market.

The UK challenger, an end-to-end property transaction company, offers a HomeBuyer Service that simplifies property purchases by bundling services into one package for a fixed price (£999)—which OneDome says can save a buyer up to £2,500 if they paid for each service individually.

OneDome has already acquired CMME Mortgages and CW Management Limited this year, and now founder and CEO Babek Ismayil is on the lookout for more brokers to acquire.

"We are thrilled with the remarkable success of our HomeBuyer Service.

"Our customers’ satisfaction is at the core of everything we do, and the positive reception has motivated us to acquire more mortgage brokers.

"Whilst we are actively looking for mortgage broker businesses to acquire, our primary goal remains centered on delivering exceptional value and an unmatched experience for homebuyers and estate agents.

"This is why we are particularly looking to acquire mortgage firms owned by estate agents.

"We can guarantee an exceptional level of service to both agents and their clients while removing the burden of managing a highly regulated business."

Online Marketplaces named OneDome as the 'biggest winner' of the UK challenger scene earlier this year, with Ismayil saying that the company aims to service 10% of all property transactions in the UK by 2028.

July 20, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

News Roundup 13Dec
News Roundup: LeBonCoin, Scout24, Dubizzle, Emlakjet, SearchSmartly

As the year draws to its inevitable close and holiday spirit takes over, a slow news cycle means we are...

Read More
All Uk Portals London 1
UK Roundup: Rightmove, Zoopla and OnTheMarket All Make Announcements

In the United Kingdom, Rightmove and Zoopla have both announced advertising campaigns while OnTheMarket has released its annual review for...

Read More
Zoopla Header 1 2
"AI is a Game-Changer, and We're Obsessed", says Zoopla COO Rich Hayes

In the final part of Online Marketplaces' exclusive interview with Zoopla CEO Charlie Bryant and COO Rich Hayes, we zoom...

Read More
Propertyguru Office 3
EQT Completes Acquisition of PropertyGuru Group

PropertyGuru Group has been acquired by EQT Private Capital Asia for $1.1 billion. The deal, completed on Friday, will see...

Read More

Editor's Pick