The creators of broker-free property website Bezrealitky.cz recently have launched a new mortgage site, Honzovahypoteka.cz, which claims to be the first in the Czech Republic to provide a ‘truly objective comparison of mortgage loans’.

The new service is a product of Bezrealitky.cz creator Jakub Havrlant and Ji?í Paták, formerly with local mortgage provider Green & Beck. Paták said: “Our vision is to make the Czech mortgage loan market more transparent, professionalize services of brokers and create a unique solution for financing of housing.” The creators want to create a mortgage market using the same concept as Bezrealitky.cz, while focusing on independence and transparency, Havlant said.

Honzovahypoteka.cz cooperates with all the banks and with major financial companies on the Czech market that provide mortgages and savings bank mortgage products. Brokers do not receive clients’ contact details and other personal data, Paták said. The service also offers mortgage refinancing and it is free of charge as the company generates profit from brokers who sign contracts with clients.

The lenders are represented by more than 130 mortgage brokers and their number is expected to increase to 500, Paták said.