On your own
Boost your buying budget without a loved one’s help.
Guarantor Mortgages
Boost your buying budget with the help of family or friends.
Remortgage
Release equity, borrow more or access better rates.
Part Buy, Part Rent
Buy a share of a home and pay rent on the rest.
Standard Mortgage
Buy a home with a repayment mortgage
5.5x Income
Increased borrowing for first-time buyers
Professional Mortgage
Increased borrowing for professionals
Dynamic Ownership
Co-buy with friends or siblings
Deposit Unlock
Buy a new-build home with a 5% deposit
Armed Forces Help To Buy
Borrow up to £25,000 as an interest-free loan
Skipton Track Record Mortgage
Use your track record of paying rent to get a 100% mortgage
Tembo is a family-focused digital mortgage broker
Tembo is helping a new generation of buyers get a foot on the ladder or take their next steps in life with the support of their loved ones.
What is Tembo Money?
Why the name Tembo?
Tembo is Swahili for Elephant.
Elephants are the world's most family-minded animal. Just like humans, elephant herds are made up of families; they babysit for one another, they make decisions as a collective, they mourn each others deaths - even returning to spots where family members have died.
Like elephants, we believe that families can achieve more together than they could by going it alone.
Meet the leadership team
Richard Dana
Chief Executive & Co-founder
Before Tembo, Richard was CFO at Founders Factory - a leading digital venture investor. Prior to that he spent 8 years at EY, before starting & exiting an online travel business.
Eddie Ross
Chief Product Officer & Co-founder
Prior to joining Tembo, Eddie was CPO at Mojo Mortgages - a leading digital mortgage broker. He started out working in banking before joining Quint, a FinTech group.
Geoff Wright
Chief Technology Officer & Co-founder
Geoff helped to build the technology platforms for Babylon Health & SilkFred. He has worked in tech and engineering roles with multiple startups.
Polly Gilbert
Marketing Director
Before Tembo, Polly was Marketing Director at GoodBox & founded TAP London, an award-winning tech-for-good now run by the Mayor of London.
Who are we owned by?
Our co-founders and employees own the majority of the shares in Tembo. Every member of our team owns part of the business.
We are fortunate to be backed by some great investors. We raised our initial investment from Founders Factory, a digital venture investor founded by Brent Hoberman and backed by leading businesses including easyJet, Guardian and L'Oreal. We subsequently raised investment directly from Aviva Group, one of the world’s leading financial services businesses. Aviva were joined by Ascension Ventures and the Fair By Design Fund, an ethical investor backed by organisations including Nationwide Building Society, Joseph Rowntree Foundation, Big Society Capital and Barrow Cadbury Trust.
We're helping to solve some of society's most pressing issues. That's why we're backed by leading ethical investors.
We are democratising access to homeownership.
Thanks to rising house prices, stagnant wages and stricter lending criteria, homeownership in the UK is at risk of becoming a privilege enjoyed by only the wealthiest buyers. Our products help individuals get on the property ladder, even when they might not have thought it was possible for them. In fact, over 70% of our users wouldn't be able to buy without a family Boost mortgage.
We are reducing the poverty premium.
The poverty premium is defined as the extra cost that low-income households pay for the same services as those on higher incomes. In mortgages, people with smaller savings or lower credit scores may be charged a higher interest rate. A few percent might not seem like much, but this difference can add up to tens of thousands over the course of a mortgage. By pooling their resources, families can work to reduce the amount they pay in interest.
We are helping people to begin generating their own wealth.
It's a simple fact that those who are able to buy a home will be much better off financially than those who continue to rent. In fact, over a 25-year period, a homeowner would be £155,000 better off than a renter. Faced with weaker pension provisions and longer lives, it is vital for people to begin generating wealth in order to live healthier and happier lives.
What the press have been saying about us
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Want to start a conversation?
Whether you're thinking about buying your first place and you want some advice, you want a mortgage in principle, or you're a company looking to partner with us, we'd love to chat.