240:
29:
289:
Charter
Savings Bank is an online retail bank which provides savings products to UK customers. The Bank does not operate any branches. All applications can be submitted online (24/7) and customers are supported by a UK based call centre 7 days a week. The Bank launched in 2015 and provides fixed
298:
Established in 2010, Precise
Mortgages provides specialist mortgages to UK borrowers who are underserved by High Street lenders. Precise Mortgages offers residential and buy to let mortgages, along with bridging and second charge loans through a nationwide intermediary network. Precise Mortgages
307:
Exact
Mortgage Experts is a Fitch-rated mortgage servicer, administering mortgages originated by Precise Mortgages and selected third parties. It offers portfolio trading pricing, specialist analytics and credit consultancy to institutional clients. In April 2015 Fitch upgraded Exact's Special
379:
The PRA approved its application to vary its permissions to accept retail deposits through its consumer-facing retail brand
Charter Savings Bank. Charter Court's special servicer rating of RSS2 was maintained by Fitch, while its Primary Servicer rating was upgraded to
290:
rate bonds, notice accounts, easy access accounts and cash ISAs. Eligible deposits with the Bank are protected by the
Financial Services Compensation Scheme, the United Kingdom's deposit protection scheme, for savings up to the value of £85,000.
247:
The company was established with long term investment provided by
Elliott Associates LP and Elliott International LP, to provide credit consultancy and mortgage administration services for pools of mortgage loans owned by third parties in 2008.
208:. Charter Court operates via three separate specialist brands: Charter Savings Bank for retail savings, Precise Mortgages for specialist mortgages and Exact Mortgage Experts for credit analysis and servicing of existing mortgage portfolios.
266:, putting it among the first new banks in the UK to be granted a licence since the onset of the global financial crisis. This was followed in March 2015 by the launch of Charter Savings Bank as an online retail savings bank.
259:) to act as an authorised mortgage administrator. Charter Court was granted permission by the Financial Services Authority (now Financial Conduct Authority) to act as an authorised mortgage lender in October 2010.
421:
804:
814:
347:
The Group launched its specialist lender
Precise Mortgages, initially for Buy-to-Let lending in May and was subsequently authorised for lending in relation to regulated mortgage contracts.
829:
269:
In
September 2017 Charter Court successfully conducted an initial public offering and on 4 October 2017 obtained a premium listing on the Main Market of the London Stock Exchange.
834:
263:
212:
537:
819:
251:
In 2009, after working for nearly a year on building and testing its mortgage origination and servicing platforms, Charter Court obtained permission from the
750:
809:
824:
585:
563:
363:
Fitch
Ratings assigned Charter Court a UK Primary Servicer Ratings of RPS3+ and upgraded the existing UK Special Servicer Rating to RSS2-.
839:
137:
239:
541:
252:
256:
216:
728:
107:
101:
28:
299:
operates via a technology driven underwriting and credit risk management system, which is available 24/7.
706:
220:
189:
308:
Servicer Rating to RSS2, while in
September 2016 Exact's Primary Servicer rating was upgraded to RPS2.
490:
118:
273:
228:
205:
515:
224:
193:
158:
143:
128:
39:
798:
538:"Charter Court Financial Services is set to announce plans for £500m float in London"
75:
197:
764:
612:
656:
634:
152:
681:
331:
Charter Court was authorised for administering regulated mortgage contracts.
446:
95:
468:
81:
49:
262:
In January 2015, Charter Court obtained its banking licence from the
238:
201:
276:
would merge. The transaction was completed in October 2019.
316:
Notable authorisations and licences since launch include:
789:
170:
272:
In March 2019 it was announced that Charter Court and
491:"Charter Savings Bank enters UK retail banking fray"
396:
Fitch upgraded the Primary Servicer rating to RPS2.
165:
150:
135:
124:
114:
88:
70:
55:
45:
35:
805:Financial services companies of the United Kingdom
564:"Charter Court and OneSavings Bank merger agreed"
815:Financial services companies established in 2008
830:Companies listed on the London Stock Exchange
8:
510:
508:
243:Charter Court in Wolverhampton (on the left)
219:in the United Kingdom. It was listed on the
21:
676:
674:
540:. City AM. 3 September 2017. Archived from
753:. Mortgage Finance Gazette. 24 April 2015.
186:Charter Court Financial Services Group plc
27:
22:Charter Court Financial Services Group plc
20:
751:"Fitch upgrades Exact's servicer ratings"
731:. Mortgage Finance Gazette. 18 March 2013
416:
414:
412:
767:. Charter Court Financial Services. 2017
657:"Financial Services Compensation Scheme"
615:. Charter Court Financial Services. 2017
607:
605:
603:
518:. Charter Court Financial Services. 2017
471:. Charter Court Financial Services. 2017
449:. Charter Court Financial Services. 2017
835:Mortgage industry of the United Kingdom
408:
215:(PRA) and regulated by the PRA and the
204:, mortgage administration services and
701:
699:
820:British companies established in 2008
7:
211:Charter Court is authorised by the
707:"Charter Court Financial Services"
427:. Charter Court Financial Services
16:British financial services company
14:
566:. Express and Star. 14 March 2019
810:Companies based in Wolverhampton
729:"Exact awarded upgrade by Fitch"
264:Prudential Regulatory Authority
213:Prudential Regulation Authority
825:2008 establishments in England
1:
709:. Financial Conduct Authority
588:. Investegate. 4 October 2019
223:and was a constituent of the
659:. Charter Savings Bank. 2017
637:. Charter Savings Bank. 2017
253:Financial Services Authority
202:specialist mortgage products
312:Authorisations and licences
257:Financial Conduct Authority
217:Financial Conduct Authority
856:
586:"Scheme becomes effective"
190:financial services company
840:Retail financial services
684:. Precise Mortgages. 2017
422:"Preliniary Results 2018"
227:until it was acquired by
161:120.8 million (2018)
146:158.2 million (2018)
131:224.9 million (2018)
26:
198:retail savings products
303:Exact Mortgage Experts
244:
242:
221:London Stock Exchange
188:(Charter Court) is a
493:. FT. 7 January 2015
285:Charter Savings Bank
23:
245:
119:Financial services
106:April Talintyre (
294:Precise Mortgages
231:in October 2019.
196:, which provides
192:operating in the
183:
182:
847:
777:
776:
774:
772:
761:
755:
754:
747:
741:
740:
738:
736:
725:
719:
718:
716:
714:
703:
694:
693:
691:
689:
678:
669:
668:
666:
664:
653:
647:
646:
644:
642:
631:
625:
624:
622:
620:
609:
598:
597:
595:
593:
582:
576:
575:
573:
571:
560:
554:
553:
551:
549:
534:
528:
527:
525:
523:
512:
503:
502:
500:
498:
487:
481:
480:
478:
476:
465:
459:
458:
456:
454:
443:
437:
436:
434:
432:
426:
418:
398:
397:
393:
391:
382:
381:
376:
374:
365:
364:
360:
358:
349:
348:
344:
342:
333:
332:
328:
326:
179:
176:
174:
172:
138:Operating income
94:David Weymouth (
66:
64:
31:
24:
855:
854:
850:
849:
848:
846:
845:
844:
795:
794:
786:
781:
780:
770:
768:
763:
762:
758:
749:
748:
744:
734:
732:
727:
726:
722:
712:
710:
705:
704:
697:
687:
685:
680:
679:
672:
662:
660:
655:
654:
650:
640:
638:
633:
632:
628:
618:
616:
611:
610:
601:
591:
589:
584:
583:
579:
569:
567:
562:
561:
557:
547:
545:
544:on 3 March 2018
536:
535:
531:
521:
519:
514:
513:
506:
496:
494:
489:
488:
484:
474:
472:
467:
466:
462:
452:
450:
445:
444:
440:
430:
428:
424:
420:
419:
410:
405:
395:
389:
387:
385:
378:
372:
370:
368:
362:
356:
354:
352:
346:
340:
338:
336:
330:
324:
322:
320:
314:
305:
296:
287:
282:
274:OneSavings Bank
237:
229:OneSavings Bank
206:credit analysis
169:
155:
140:
105:
99:
91:
84:
78:
62:
60:
17:
12:
11:
5:
853:
851:
843:
842:
837:
832:
827:
822:
817:
812:
807:
797:
796:
793:
792:
785:
784:External links
782:
779:
778:
756:
742:
720:
695:
670:
648:
626:
599:
577:
555:
529:
504:
482:
469:"Legal Notice"
460:
438:
407:
406:
404:
401:
400:
399:
383:
366:
350:
334:
313:
310:
304:
301:
295:
292:
286:
283:
281:
278:
236:
233:
225:FTSE 250 Index
194:United Kingdom
181:
180:
167:
163:
162:
156:
151:
148:
147:
141:
136:
133:
132:
126:
122:
121:
116:
112:
111:
100:Andy Golding (
92:
89:
86:
85:
80:
74:
72:
68:
67:
57:
53:
52:
47:
43:
42:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
852:
841:
838:
836:
833:
831:
828:
826:
823:
821:
818:
816:
813:
811:
808:
806:
803:
802:
800:
791:
790:Official site
788:
787:
783:
766:
765:"Our history"
760:
757:
752:
746:
743:
730:
724:
721:
708:
702:
700:
696:
683:
677:
675:
671:
658:
652:
649:
636:
635:"At a glance"
630:
627:
614:
608:
606:
604:
600:
587:
581:
578:
565:
559:
556:
543:
539:
533:
530:
517:
511:
509:
505:
492:
486:
483:
470:
464:
461:
448:
442:
439:
423:
417:
415:
413:
409:
402:
384:
367:
351:
335:
319:
318:
317:
311:
309:
302:
300:
293:
291:
284:
279:
277:
275:
270:
267:
265:
260:
258:
254:
249:
241:
234:
232:
230:
226:
222:
218:
214:
209:
207:
203:
199:
195:
191:
187:
178:
168:
164:
160:
157:
154:
149:
145:
142:
139:
134:
130:
127:
123:
120:
117:
113:
109:
103:
97:
93:
87:
83:
77:
76:Wolverhampton
73:
69:
58:
54:
51:
48:
44:
41:
38:
34:
30:
25:
19:
769:. Retrieved
759:
745:
733:. Retrieved
723:
711:. Retrieved
686:. Retrieved
661:. Retrieved
651:
639:. Retrieved
629:
617:. Retrieved
613:"Our brands"
590:. Retrieved
580:
568:. Retrieved
558:
546:. Retrieved
542:the original
532:
520:. Retrieved
516:"Prospectus"
495:. Retrieved
485:
473:. Retrieved
463:
451:. Retrieved
441:
429:. Retrieved
315:
306:
297:
288:
271:
268:
261:
250:
246:
210:
185:
184:
71:Headquarters
36:Company type
18:
799:Categories
771:27 October
688:27 October
682:"About us"
663:27 October
641:27 October
619:27 October
522:27 October
475:27 October
453:27 October
447:"About Us"
403:References
280:Operations
153:Net income
90:Key people
592:4 October
570:2 October
431:16 March
115:Products
96:Chairman
46:Industry
735:3 March
713:3 March
548:3 March
497:3 March
388: (
371: (
355: (
339: (
323: (
235:History
166:Website
125:Revenue
82:England
61: (
56:Founded
50:Finance
380:RPS2-.
40:Public
425:(PDF)
255:(now
773:2017
737:2018
715:2018
690:2017
665:2017
643:2017
621:2017
594:2019
572:2019
550:2018
524:2017
499:2018
477:2017
455:2017
433:2019
390:2016
386:2016
373:2015
369:2015
357:2013
353:2013
341:2010
337:2010
325:2009
321:2009
173:.osb
63:2008
59:2008
177:.uk
175:.co
171:www
108:CFO
102:CEO
801::
698:^
673:^
602:^
507:^
411:^
394::
377::
361::
345::
329::
200:,
79:,
775:.
739:.
717:.
692:.
667:.
645:.
623:.
596:.
574:.
552:.
526:.
501:.
479:.
457:.
435:.
392:)
375:)
359:)
343:)
327:)
159:£
144:£
129:£
110:)
104:)
98:)
65:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
