Precise Mortgages
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.
- Company typePrivate
- Founded2010
- HeadquartersWolverhampton, United Kingdom
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
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.
Precise Mortgages firmographics
Firmographics- 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
Precise Mortgages industry classification
Industry- 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
Where Precise Mortgages is headquartered
LocationHeadquarters
- HQ city
- Wolverhampton
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Precise Mortgages business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- 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
Precise Mortgages product offering
Product offeringCore 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.
Companies that use Precise Mortgages
Customer profileSegments3 records
Ideal customer profiles3 records
Precise Mortgages technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Precise Mortgages partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Precise Mortgages competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Precise Mortgages social profiles
Digital presencePrecise Mortgages financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precise Mortgages leadership team
Management profileNumber of profiles
Profiles3 records
Precise Mortgages funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precise Mortgages 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 Precise Mortgages
What does Precise Mortgages do?
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.
Is Precise Mortgages a public or private company?
Precise Mortgages is a private company. It is classified as corporate owned and is currently operating.
When was Precise Mortgages founded?
Precise Mortgages was founded in 2010. It employs 501 to 1,000 people.
Where is Precise Mortgages based?
Precise Mortgages is headquartered in Wolverhampton, United Kingdom, in the Europe region.
How does Precise Mortgages make money?
One revenue line is on record: mortgage Lending.
Does Precise Mortgages have an API?
No public API is recorded for Precise Mortgages.
What industry is Precise Mortgages in?
Precise Mortgages's product category is Specialist Mortgage Lending. Its primary akta.pro industry code is FSALACAA, Wholesale Mortgage Lending (Broker Channel), with a secondary code of FSALAJAG, Mortgage Credit Enhancement Wraps & Financial Guarantees (Bond/Wrap Insurance). Its NAICS code is 522292 and its SIC code is 6162.