The Mortgage Hut
The Mortgage Hut is a UK mortgage brokerage founded in 2011, accessing 90+ lenders and 11,000+ mortgage products to serve first-time buyers, self-employed borrowers, and those with adverse credit across the UK.
- Company typePrivate
- Founded2011
- HeadquartersSouthampton, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingServices
What The Mortgage Hut does
The Mortgage Hut is a UK mortgage brokerage founded in 2011 by Chris Schutrups and headquartered in Southampton, operating as a whole-of-market intermediary accessing over 90 lenders and 11,000+ mortgage products. The firm serves UK consumers through three primary specialisms — first-time buyers, borrowers with adverse credit or complex income, and self-employed individuals (contractors, freelancers, limited company directors) — with secondary segments in remortgaging, buy-to-let, and commercial finance (bridging and development). It operates vertical sub-brands under parent Mortgage Brands Holding Limited, including Police Mortgages and Airline Mortgage Shop, targeting occupational niches.
The platform combines a rules-based online eligibility wizard, a suite of specialist mortgage calculators, a client portal, and the Mortgage Vault mobile application (iOS and Android) that supports application tracking, document upload, biometric identity verification, and digital signing. Distribution is omni-channel: telephone-led inside sales (023 8098 0304), online enquiry, face-to-face branches across the UK, and a self-service digital pathway. The firm is FCA-authorised (FCA Reference: 1004588) and GDPR-compliant, with a senior team of CeMap-qualified advisers supplemented by CII/IFS/IFS-certified specialists. Founders Chris and Nicola Schutrups lead the business — Nicola as Managing Director, Chris overseeing marketing, business development and technology — supported by Operations Director Giacomo Stevens and ~20+ advisers/administrators.
The business model is primarily commission-based, earning procuration fees from lenders on each completed mortgage placement, supplemented by insurance product commissions (life, critical illness, income protection) and occasional customer-facing fees that vary by product (NHS worker fees waived in at least one documented case). Revenue is granular and consumer-driven with one disclosed B2B channel partnership (Abri Homes housing association). The firm is self-funded, privately held, and profitable with no institutional capital disclosed in available materials.
The Mortgage Hut firmographics
Firmographics- Name
- The Mortgage Hut
- Legal name
- The Mortgage Hut Limited
- Website
- https://themortgagehut.co.uk
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Mortgage Hut is a UK mortgage brokerage founded in 2011, accessing 90+ lenders and 11,000+ mortgage products to serve first-time buyers, self-employed borrowers, and those with adverse credit across the UK.
- Ownership category
- akta.pro rank
The Mortgage Hut industry classification
Industry- Product category
- Mortgage Brokerage
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
- akta.pro secondary industries
- Mortgage Comparison, Marketplace & Rate-Shopping Platforms (FSALABAJ), Wholesale Mortgage Lending (Broker Channel) (FSALACAA)
Keywords
Where The Mortgage Hut is headquartered
LocationHeadquarters
- HQ city
- Southampton
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
The Mortgage Hut business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Broker Commission from Lenders: The Mortgage Hut acts as a mortgage broker earning commission from lenders for placing mortgage business. This is the primary revenue model for UK mortgage brokers, where the lender typically pays the broker a procuration fee for each completed mortgage.
- Customer Fees (Selected Cases): Some services may involve fees charged to customers — for example, NHS workers had their fee waived in at least one documented case. The firm states 'we don't charge a fee' in some contexts, suggesting fee arrangements vary by product or circumstance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Mortgage brokering services — fee arrangement not publicly disclosed |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
The Mortgage Hut product offering
Product offeringCore offering
The Mortgage Hut is a UK mortgage brokerage that advises consumers on residential, buy-to-let, remortgage, commercial, and specialist mortgages by comparing products from over 90 lenders covering 11,000+ mortgage options. Services are delivered through online tools, telephone consultations, and face-to-face meetings, supported by a mobile app for application tracking. Complementary protection insurance products (life, critical illness, income protection) are also offered alongside the core mortgage advice service.
Product overview
The Mortgage Hut is a UK mortgage brokerage operating as a single integrated platform that connects borrowers with over 90 lenders offering 11,000+ mortgage products. The core offering is mortgage brokerage services, supported by specialized sub-categories for bad credit, first-time buyers, self-employed individuals, remortgaging, buy-to-let, and commercial properties. The company supplements mortgages with insurance products (income protection, critical illness, and life insurance) and offers digital tools including a suite of mortgage calculators, a mobile app (Mortgage Vault), and a client portal. Services are delivered through online, telephone, and face-to-face channels.
Differentiator
Problem solved
Functional benefit
Products and services
- Mortgage Brokerage Services
- Bad Credit Mortgages
- First Time Buyer Mortgages
- Self-Employed Mortgages
- Remortgaging Services
- Buy to Let Mortgages
- Commercial Mortgages
- Mortgage Vault Mobile App
- Income Protection Insurance
- Critical Illness Insurance
- Mortgage Life Insurance
Quantifiable outcome
- 99% of surveyed customers said they would recommend The Mortgage Hut
- +1 more outcomes
Companies that use The Mortgage Hut
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles5 records
The Mortgage Hut technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Mortgage Hut partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Accord Mortgages (Yorkshire Building Society)coreAccord Mortgages acts as an intermediary for Yorkshire Building Society, offering mortgage products including the 5K deposit mortgage for first-time buyers and 5% deposit mortgages. The Mortgage Hut, as a broker, accesses these products for its customers as part of its panel of over 90 lenders.
- Skipton Building SocietycoreSkipton Building Society launched a no-deposit Track Record mortgage based on rental history, available exclusively through mortgage brokers like The Mortgage Hut. The product targets first-time buyers who can prove 12 months of rental payments but cannot save a traditional deposit.
- 90+ Lender PanelcoreThe Mortgage Hut accesses over 90 lenders and 11,000+ mortgage products through its broker relationships, including major UK banks, building societies, and specialist lenders. This forms the core product offering for matching customers to suitable mortgages.
- Abri HomesminorAbri Homes is a housing association partnered with The Mortgage Hut to provide mortgage advice to customers buying properties through Abri. The Mortgage Hut operates a specialist new homes team that supports local and national house builders in obtaining mortgages for their clients, seven days a week.
- Nationwide Building SocietyminorNationwide Building Society offers green mortgage products including £500 cashback for EPC A-rated properties and reduced rates on additional borrowing for energy efficiency improvements. The Mortgage Hut advises customers on these products as part of its whole-of-market offering.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
The Mortgage Hut competitors and assessment
Company assessmentDirect peers
- Mortgage Advice Bureau: UK's largest national mortgage broker network with thousands of advisers across the country. Direct competitor offering whole-of-market mortgage advice across mainstream and specialist cases, with a comparable distribution model and FCA authorisation.
- London & Country Mortgages: One of the UK's largest independent mortgage brokers, fee-free for customers and whole-of-market. Direct competitor with a similar telephone/online advice-led model and broad lender panel.
- Habito: Digital-first UK mortgage broker offering whole-of-market advice with an online-first customer experience. Direct competitor pursuing an overlapping value proposition of technology-enabled mortgage advice, especially relevant to The Mortgage Hut's digital channels.
- Coreco Mortgage Specialists: UK specialist mortgage broker focused on complex cases including self-employed, bad credit, and high-net-worth borrowers. Direct competitor with an overlapping specialist niche and similar adviser-led delivery model.
- John Charcol: Long-established London-based mortgage broker specialising in complex, high-net-worth, and professional borrower cases. Direct competitor with strong overlap in self-employed and complex-income specialist lending.
- SPF Private Clients: Specialist mortgage broker for high-net-worth, self-employed, and complex-income borrowers. Direct competitor in the specialist non-standard lending niche where The Mortgage Hut concentrates its adviser expertise.
- Alexander Hall: Fee-free London-based mortgage broker offering whole-of-market advice across residential, buy-to-let, and specialist cases. Direct competitor with a similar multi-channel advice model and broad lender access.
- First Choice Mortgage Solutions: Independent whole-of-market UK mortgage broker serving first-time buyers, remortgagors, and buy-to-let investors. Direct competitor with comparable adviser-led distribution and product breadth.
Emerging players
- Trussle: Online UK mortgage broker that pioneered a digital comparison-led experience for mainstream borrowers. Adjacent competitor showing the trajectory tech-first broker models may take, and a benchmark for digital CX in the broker space.
Broad incumbents
- Nationwide Building Society: UK's largest building society and a major mortgage lender whose products are accessed through The Mortgage Hut's panel. Acts as both a partner distribution channel and a broad incumbent competing for the same end borrowers via its own direct-to-consumer mortgage offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
The Mortgage Hut social profiles
Digital presenceThe Mortgage Hut compliance and trust
Trust signalCompliance2 records
The Mortgage Hut financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Mortgage Hut leadership team
Management profileNumber of profiles
Profiles8 records
The Mortgage Hut funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Mortgage Hut M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Mortgage Hut
What does The Mortgage Hut do?
The Mortgage Hut is a UK mortgage brokerage that advises consumers on residential, buy-to-let, remortgage, commercial, and specialist mortgages by comparing products from over 90 lenders covering 11,000+ mortgage options. Services are delivered through online tools, telephone consultations, and face-to-face meetings, supported by a mobile app for application tracking. Complementary protection insurance products (life, critical illness, income protection) are also offered alongside the core mortgage advice service.
Is The Mortgage Hut a public or private company?
The Mortgage Hut is a private company. It is classified as family owned and is currently operating.
When was The Mortgage Hut founded?
The Mortgage Hut was founded in 2011. It employs 11 to 50 people.
Where is The Mortgage Hut based?
The Mortgage Hut is headquartered in Southampton, United Kingdom, in the Europe region.
How does The Mortgage Hut make money?
Two revenue lines are on record. Broker Commission from Lenders are the primary driver. The others are customer Fees (Selected Cases).
Who are The Mortgage Hut's main competitors?
Direct peers on record are Mortgage Advice Bureau, London & Country Mortgages, Habito, Coreco Mortgage Specialists, John Charcol, SPF Private Clients, Alexander Hall and First Choice Mortgage Solutions. Trussle is listed as an emerging player. Nationwide Building Society is listed as a broad incumbent.
Does The Mortgage Hut have an API?
No public API is recorded for The Mortgage Hut.
What industry is The Mortgage Hut in?
The Mortgage Hut's product category is Mortgage Brokerage. Its primary akta.pro industry code is FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance), with a secondary code of FSALABAJ, Mortgage Comparison, Marketplace & Rate-Shopping Platforms. Its NAICS code is 522310 and its SIC code is 6163.