OneDome has acquired mortgage and insurance network Mortgage Intelligence from Connells Group, in a deal which significantly expands the housing and fintech business’s mortgage distribution footprint.
The combined group, which also includes Life and Easy Limited and Mortgage Next Network Limited, will now arrange over £10 billion of mortgages annually. The acquisition positions OneDome as one of the largest players in the UK mortgage intermediary market, with over 550 brokers operating nationwide.
The company says it aims to transform the homebuying experience by integrating mortgage, legal and insurance services into one seamless digital journey.
Babek Ismayil, founder and CEO, OneDome, said:
“This acquisition is strategically important for us.
“Recently, we announced a £7.5 million TV campaign to promote our HomeBuyer Service nationwide. We will need hundreds of brokers to service the demand generated by this campaign.
“This acquisition gives us the scale and foundation for that growth. We initially planned to reach 500 brokers by the end of 2026, but with this acquisition, we have revised our target to 750+ brokers.”
Adrian Scott, chief lender services officer, Connells Group, added:
“We are delighted to have completed this transaction with the OneDome team.
“The three appointed representative networks are well established businesses with experienced teams and strong broker relationships, and we wish them continued success as they move forward under new ownership.”
KPMG Corporate Finance acted as financial adviser to Connells Group on the sale.
