OneDome has acquired a digital mortgage broker formerly known as Trussle, which is now trading at Better.co.uk.
According to Sky News, the payment integrates mortgage, legal and insurance services into a single online process – a deal has been agreed to purchase brokers from the US-listed Better Botes Home & Finance Trading Company.
Founded in 2015, the brokerage business has raised nearly £30 million in a series of financings, once supported by US investment bank Goldman Sachs.
It was reportedly sold to Better Home & Finance in 2021, paying attention to the value of the business’s significant discount.
Onedome was founded in 2017 by founder and CEO Babek Ismayil (pictured) to build a “seamless, fully integrated home buying platform”.
“Trusts have built a great team and have a reputation for innovation and customer focus,” Ismayil told Sky News.
“The SmartBuyer proposition of Truss closely reflects our award-winning homebuyer service, combined with our strengths is the natural next step to change this historically outdated department.”
These include Nethouseprices as well as mortgage and financial consulting business contractors Wealth Management, CMME Mortgage and Protection and Albany Park.
The combined team said that there are about 230 workers a month and will handle more than £3.5 billion in annual mortgages and process about 1,100 property transactions.
