Homerun

For the last few months, my co-founder (Karuna) and I have been working full time to build and launch Homerun, the online mortgage broker.

The question we get most often from anyone is….why?

The answer is surprisingly simple.

Today a massive 70% of people in the UK go through a mortgage broker to buy or remortgage their home. While some have a positive experience, many go through what is a horrendous process.

These are just a few quotes from some initial interviews we did last year:

“It's the only time in my life that I’ve had a panic attack” Lucy, 23
“I felt like no one gave a sh*t about my mortgage except me” Garry, 26
“He didn’t check the paperwork and we almost lost the house” Karuna, 34 (our CTO)

It's hard to think of many areas in life where you buy a service and get such a horrible experience (bar perhaps rush hour in London during a tube strike).

Needless to say, it became clear to both Karuna and I (and we hope many future customers) that this needs to change. This is how we came up with Homerun, the online mortgage broker.

With Homerun customers can apply for and manage their mortgage online. People can message our broker directly, track their application status in real-time and submit all their documents online. Plus it's completely free (no we don’t sell your data).

Mortgage broking is one area of fintech that is yet to be truly disrupted. Would you like to be part of this change?