Lance Mortgages

Lance Mortgages, FCA-regulated mortgage brokerage in Fareham

Lance Mortgages is a mortgage brokerage and advisory service regulated by the Financial Conduct Authority (FCA) of the United Kingdom. It operates from Fair Trade House in Fareham (Hampshire) and presents itself as an intermediary that seeks to simplify the mortgage process for its clients, guiding them from start to finish and offering clear, qualified and impartial advice.

The firm describes itself as an advisory service with a personal advisor dedicated to each client, with access to deals from major lenders and specialist lenders. Its approach is designed to save clients from having to deal with comparison sites, providers and solicitors on their own.

Mortgage products

Lance Mortgages' range of services covers various financing needs:

• First-time buyer mortgage: support for those entering the property market for the first time, with a named, qualified expert assigned.
• Purchase mortgage: finding the best deal for buying a new home, working with major lenders and specialist lenders.
• Home improvement mortgage: financing home improvements by releasing the equity built up in the property.
• Standard Variable Rate mortgage: a product included in its offering.
• Prime debt consolidation: consolidating debts for clients with a low-risk profile.
• Subprime debt consolidation: a consolidation solution for profiles with a less favourable credit history.
• Other mortgages: a category open to other forms of financing.

Personalised advice and access to lenders

The company emphasises a model of individual attention: each client has a named, dedicated advisor who holds an in-depth conversation to understand their needs and circumstances before recommending a course of action. From there, the advisor searches across a wide range of lenders, including big names and specialist lenders, to match the offer to the applicant's profile.

Among the features it highlights about its service are qualified mortgage advice regulated by the FCA, personal service from a dedicated advisor and access to products from both major lenders and specialist lenders.

Structure and regulation

Lance Mortgages operates as an Appointed Representative of Your Mortgage People Ltd., an entity authorised and regulated by the FCA to provide regulated products and services. The brokerage is registered with the FCA under reference 959169, and its company is registered with company number 13515245. Your Mortgage People Ltd. has its registered office at Fair Trade House, 3 Whittle Avenue, Fareham, Hampshire, PO15 5SH, with company registration number 08503153 and FCA reference 685250. Lance Mortgages also holds ICO reference ZB362388.

The FCA does not regulate legal services, accountancy services, will services, conveyancing services or some forms of mortgages, as the firm itself notes.

Debt consolidation warnings

The website includes the industry's standard warnings: you should think carefully before securing other debts against your home, as your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Likewise, if you consolidate existing borrowing and extend the term of the debt, you may increase the total amount you need to repay.

Location and contact

Fair Trade House, 3 Whittle Avenue, Fareham, Hampshire, PO15 5SH · Phone: 01489 359 302 · Email: hello@lancemortgages.co.uk