Latest news with #BetterHome
Yahoo
2 days ago
- Business
- Yahoo
OneDome snaps up former Goldman-backed mortgage broker Trussle
A British property and fintech business which aims to improve the homebuying process has swooped to buy Trussle, a digital mortgage broker once backed by Goldman Sachs, the Wall Street giant. Sky News understands that OneDome, which integrates mortgage, legal, and insurance services into a single online process, has agreed a deal to buy Trussle from US-listed Better Home & Finance Trading Company. The terms of the deal were unclear on Thursday, with the transaction subject to approval from the City regulator. Money blog: Millions of Nationwide customers to receive £100 Trussle, which trades as was founded in 2015 and raised close to £30m in a series of funding rounds. Its sale in 2021 reportedly valued the business at a significant discount to that sum. In a statement issued to Sky News, Babek Ismayil, founder and chief executive of OneDome, said: "Trussle has built an excellent team and a reputation for innovation and customer focus. "We share a clear vision: that buying a home should be simpler, faster, and less stressful. "Trussle's Smartbuyer proposition closely mirrors our own award-winning HomeBuyer Service, and combining our strengths is a natural next step to transforming this historically outdated sector." Sources said the transaction would edge OneDome - chaired by the veteran former City lawyer Sir Nigel Knowles - closer to a five-year goal of being involved in 10% of all UK homebuying transactions. The combined group, they added, would facilitate over £3.5bn in annual mortgage lending and process roughly 1,100 property transactions each month. It will have a workforce of about 230 people.


Tahya Masr
2 days ago
- Business
- Tahya Masr
LG Egypt Launches "Better Home" Initiative Supporting Marriage Facilitation in Dakahlia Villa
– As part of its corporate social responsibility program 'Life's Good', LG Egypt has launched its new initiative in collaboration with Misr El Kheir Foundation titled 'Better Home', aimed at supporting underserved communities and enabling dignified, stable living conditions for Egyptian families. The initiative officially kicked off in Basat Karim El Din village, located in Sherbin district, Dakahlia Governorate, in direct support of Misr El Kheir's long-standing Marriage Facilitation Program. The program helps empower young couples to start their lives together in safe and stable environments. As part of the contribution, LG Egypt donated a selection of home appliances, including top-load washing machines and 43' smart televisions, some of the company's latest high-efficiency models designed with advanced technologies to provide reliable, user-friendly experiences for beneficiary families. This in-kind donation aligns with LG's vision of bringing the 'Life's Good' philosophy to life, delivering both tangible and emotional support to those most in need. The initiative reflects LG's continued efforts to enhance community infrastructure and contribute to long-term sustainable development across Egypt. Mohamed El-Gadawy, Marketing and Public Relations Director at LG Egypt, commented: 'The launch of 'Better Home' under our Life's Good slogan is a continuation of our commitment to initiatives that empower Egyptian families to build stable, dignified lives. The true meaning of Life's Good is about offering smart, human-centric solutions that create real value inside people's homes . From Misr El Kheir's side, Eng. Ahmed Youssef, Senior Director of the Direct Aid Program at Misr El Kheir, expressed his appreciation for the collaboration with LG Egypt, stating: 'Our direct aid programs run year-round, reaching deserving families in every governorate, and stem from our belief in the Foundation's vital role in uplifting communities. We value our ongoing partnership with LG Egypt, which has extended across multiple sectors within the Foundation, and we look forward to its continued expansion.' Youssef emphasized that the initiative aligns closely with Misr El Kheir's overarching mission to develop human capital and uplift human dignity. LG Egypt reaffirmed that this initiative marks only the beginning of a wider series of community engagement programs under the Life's Good slogan, with upcoming activations expected to expand across additional governorates in the near future — further strengthening the company's contribution to sustainable development in Egypt.


Economic Key
2 days ago
- Business
- Economic Key
LG Egypt Partners with Misr El Kheir Foundation to Launch "Better Home" Initiative
As part of its corporate social responsibility program 'Life's Good', LG Egypt has launched its new initiative in collaboration with Misr El Kheir Foundation titled 'Better Home', aimed at supporting underserved communities and enabling dignified, stable living conditions for Egyptian families. The initiative officially kicked off in Basat Karim El Din village, located in Sherbin district, Dakahlia Governorate, in direct support of Misr El Kheir's long-standing Marriage Facilitation Program. The program helps empower young couples to start their lives together in safe and stable environments. As part of the contribution, LG Egypt donated a selection of home appliances, including top-load washing machines and 43' smart televisions, some of the company's latest high-efficiency models designed with advanced technologies to provide reliable, user-friendly experiences for beneficiary families. This in-kind donation aligns with LG's vision of bringing the 'Life's Good' philosophy to life, delivering both tangible and emotional support to those most in need. The initiative reflects LG's continued efforts to enhance community infrastructure and contribute to long-term sustainable development across Egypt. Mohamed El-Gadawy, Marketing and Public Relations Director at LG Egypt, commented: 'The launch of 'Better Home' under our Life's Good slogan is a continuation of our commitment to initiatives that empower Egyptian families to build stable, dignified lives. The true meaning of Life's Good is about offering smart, human-centric solutions that create real value inside people's homes.' From Misr El Kheir's side, Eng. Ahmed Youssef, Senior Director of the Direct Aid Program at Misr El Kheir, expressed his appreciation for the collaboration with LG Egypt, stating: 'Our direct aid programs run year-round, reaching deserving families in every governorate, and stem from our belief in the Foundation's vital role in uplifting communities. We value our ongoing partnership with LG Egypt, which has extended across multiple sectors within the Foundation, and we look forward to its continued expansion.' Youssef emphasized that the initiative aligns closely with Misr El Kheir's overarching mission to develop human capital and uplift human dignity. LG Egypt reaffirmed that this initiative marks only the beginning of a wider series of community engagement programs under the Life's Good slogan, with upcoming activations expected to expand across additional governorates in the near future — further strengthening the company's contribution to sustainable development in Egypt. تم نسخ الرابط