This startup’s advice can helps those in home-buying hell

Last June, U.K.-based mortgage broker Habito made an unusual move: It hired a new CEO who simultaneously became the startup’s biggest shareholder. Ying Tan, an entrepreneur who previously led mortgage advice startup Dynamo, invested his own money in Habito as he took the reins. At the time, 7-year-old Habito was struggling to turn a profit despite its focus on frustrated and overwhelmed first-time homebuyers—a population that is growing in the U.K., as in the United States. Habito offers them advice and online mortgage applications for free; users can also step up to Habito Plus, which includes appraisal and legal fees, starting at £2,000 (approximately $2,500). By September 2023, Habito had turned its first profit. In November, the company announced a new product, developed in partnership with AI startup Propflo, that helps homebuyers make their properties more energy efficient.

Explore the full 2024 list of Fast Company’s Most Innovative Companies, 606 organizations that are reshaping industries and culture. We’ve selected the firms making the biggest impact across 58 categories, including advertising, artificial intelligence, design, sustainability, and more.

https://www.fastcompany.com/91041045/habito-most-innovative-companies-2024?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

Created 1y | Mar 19, 2024, 12:20:19 PM


Login to add comment

Other posts in this group

How AI is transforming corporate finance

The role of the CFO is evolving—and fast. In today’s volatile business environment, finance leaders are navigating everything from unpredictable tariffs to tightening regulations and rising geopol

Jul 5, 2025, 1:10:03 PM | Fast company - tech
Want to move data between Apple and Google Maps? Try this  workaround

In June, Google released its newest smartphone operating system, Android 16. The same month, Apple previewed its next smartphone oper

Jul 5, 2025, 10:40:07 AM | Fast company - tech
Tally lets you design great free surveys in 60 seconds

This article is republished with permission from Wonder Tools, a newsletter that helps you discover the most useful sites and apps. 

Jul 4, 2025, 1:50:03 PM | Fast company - tech
How China is leading the humanoid robots race

I’ve worked at the bleeding edge of robotics innovation in the United States for almost my entire professional life. Never before have I seen another country advance so quickly.

In

Jul 4, 2025, 9:20:03 AM | Fast company - tech
‘There is nothing that Aquaphor will not fix’: The internet is in love with this no-frills skin ointment

Aquaphor has become this summer’s hottest accessory.

The no-frills beauty staple—once relegated to the bottom of your bag, the glove box, or a bedside drawer—is now dangling from

Jul 3, 2025, 11:50:07 PM | Fast company - tech
Is Tesla screwed?

Elon Musk’s anger over the One Big Beautiful Bill Act was evident this week a

Jul 3, 2025, 5:10:05 PM | Fast company - tech