What Precise Mortgages does

Precise Mortgages is a UK-based specialist mortgage lender operating as a trading name of Charter Court Financial Services Limited, a wholly-owned subsidiary of OneSavings Bank plc within the OSB Group PLC umbrella (LSE: OSBG). Founded in 2010 and headquartered at 2 Charter Court, Wolverhampton, the company provides two core product lines: specialist residential mortgages for borrowers with complex needs that mainstream high-street lenders cannot accommodate, and short-term bridging finance for time-sensitive property transactions. Distribution is conducted exclusively through qualified mortgage intermediaries; products are not offered directly to consumers, on the high street, or through comparison websites.

The business operates under dual FCA and PRA authorisation with its own banking licence (Firm Reference Number 494549). Revenue is generated through interest income on originated mortgage and bridging loan assets, with origination flow driven by intermediary relationships rather than direct-to-consumer marketing. Precise is one of four operating brands under OSB Group PLC, alongside Kent Reliance, InterBay Commercial, and Charter Savings Bank, allowing the group to segment its specialist lending and retail savings franchises across distinct routes to market.

Following OneSavings Bank's acquisition of Charter Court Financial Services Group plc on 4 October 2019 and the subsequent listing of OSB Group PLC as the group holding company on 30 November 2020, Precise functions as a brand within OSB Group's specialist lending franchise rather than as an independent operator. No proprietary technology, AI/ML capabilities, public APIs, or patent portfolio are disclosed in the available source material; competitive positioning rests on specialist underwriting expertise, intermediary channel relationships, and regulatory standing rather than technological differentiation.

Name

Precise Mortgages

Legal name

Charter Court Financial Services Limited

Website

https://precisemortgages.co.uk

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Precise Mortgages is a UK specialist lender providing residential mortgages and bridging finance to borrowers with complex needs. Founded in 2010 as a trading name of Charter Court Financial Services Limited under OSB Group PLC, it distributes exclusively through qualified intermediaries rather than directly to consumers.

Ownership category

akta.pro rank

Product category

Specialist Mortgage Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Wholesale Mortgage Lending (Broker Channel) (FSALACAA)

akta.pro secondary industry

Mortgage Credit Enhancement Wraps & Financial Guarantees (Bond/Wrap Insurance) (FSALAJAG)

Keywords

• Specialist mortgage lending
• Residential mortgages
• Bridging finance
• Intermediary distribution
• UK specialist lender

Headquarters

HQ city

Wolverhampton

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Mortgage Lending: Precise Mortgages provides specialist residential mortgages and bridging finance. Revenue is generated through interest earned on mortgage loans and bridging finance products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Precise Mortgages is a UK specialist mortgage lender that provides specialist residential mortgages and bridging finance to customers whose borrowing situations are too complex for mainstream high-street lenders. The company's products are offered exclusively through a network of qualified mortgage brokers and intermediaries, and the business is conducted as a trading brand of Charter Court Financial Services Limited, which holds FCA and PRA authorisation. Bridging finance products are offered subject to separate criteria set out in the lender's commercial lending policy and are not regulated by the FCA unless they meet specific conditions.

Product overview

Precise Mortgages operates as a specialist residential mortgage and bridging finance lender, offering two core product lines: specialist residential mortgages for customers with complex borrowing needs, and short-term bridging finance for time-sensitive property transactions. The company distributes its products exclusively through qualified mortgage brokers rather than directly to consumers or via comparison websites, positioning itself as an intermediary-focused lender serving the UK's specialist mortgage market. The business has operated since 2010 and is a trading name of Charter Court Financial Services Limited, which is part of OSB Group PLC.

Differentiator

Problem solved

Functional benefit

Products and services

• Specialist Residential Mortgages UK regulated residential mortgage products designed for borrowers with specialist or non-standard needs whose cases fall outside the risk appetite of mainstream high-street lenders. Offered exclusively through qualified mortgage intermediaries and not directly through high-street branches or comparison sites.
• Bridging Finance Short-term secured finance for UK property buyers, sellers, investors, or developers. Offered subject to the lender's separate commercial lending policy and typically unregulated by the FCA unless specific conditions are met. Distributed through the same qualified intermediary channel as the residential mortgage product.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Precise_Mtgs

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precise Mortgages