Purplebricks has launched launched a mortgage divison, known formally as Purplebricks Mortgages Limited
This will see a team of more than 150 people operating under the Purplebricks Mortgages name, and the agency says this will “enable customers to benefit from an end-to-end house buying solution on the Purplebricks platform.”
The new division takes over from the Strike Financial Services operation; online agency Strike purchased Purplebricks just under a year ago for just £1.
Following the introduction of Purplebricks’ new pricing model at the end of last year – emulating the Strike ‘free to sell’ deal – the business says it’s also been focused on “providing in-house access to market leading mortgage deals.”
As Strike Financial Services, the business has facilitated more than 315 new mortgages per month so far this year.
Joanne Pocklington, Managing Director of Purplebricks Mortgages, says: “Moving to the Purplebricks name is the next stage of our evolution in the Group … The process of finding the right mortgage is critical to supporting the growth in home ownership in the UK. At Purplebricks Mortgages we innately understand the housing market and use this expertise to benefit our customers every day. Not only can customers get the right deal, we’ve also streamlined the house buying process with Purplebricks to allow everything to be done under one umbrella.”
