Neha Patil (Editor)

Charter Court Financial Services

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Type
  
Limited

Key people
  
Ian Lonergan (CEO)

Headquarters
  
Wolverhampton

Industry
  
Finance

Products
  
Financial services

Founded
  
2008

Website
  
www.chartercourtfs.co.uk

Subsidiaries
  
Charter Mortgages Limited, Charter Court Financial Services Limited, Broadlands Finance Ltd.

Charter Court Financial Services is a financial services company operating in the United Kingdom which provides retail savings products, specialist lending products and credit analysis.

It operates three separate specialist brands: Charter Savings Bank for retail savings, Precise Mortgages for mortgage and loan originations, and Exact Mortgage Experts for credit analysis and servicing of existing mortgage portfolios.

Charter Court Financial Services Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

It also holds Interim Permissions from the Financial Conduct Authority in relation to consumer credit lending.

History

Established in 2008 with long term investment provided by Elliott Associates LP and Elliott International LP, Charter Court Financial Services Limited is headed by Ian Lonergan, CEO.

Notable authorisations since launch include:

  • 2009 (2009): authorised for administering regulated mortgage contracts, and obtained a CCA Licence for debt administration through its trading brand Exact Mortgage Experts.
  • 2010 (2010): launched its specialist lender Precise Mortgages, and was authorised for lending in relation to regulated mortgage contracts, and obtained a CCA licence for lending.
  • 2013 (2013): Fitch Ratings assigned UK Primary Servicer Ratings of RPS3+ and upgraded the existing UK Special Servicer Rating to RSS2-.
  • 2015 (2015): The Prudential Regulation Authority approved its application to vary its permissions to accept retail deposits through its consumer-facing retail brand Charter Savings Bank.

    • References

    Charter Court Financial Services Wikipedia
    (Text) CC BY-SA