MortgageKey

MortgageKey, a UK brokerage covering mortgages and secured loans

MortgageKey operates as a mortgage and loan brokerage in the United Kingdom. Its stated method is to research hundreds of possible lenders and packages in order to identify a deal suited to each client, and then to handle the application with the chosen lender from start to finish. The firm presents itself as an award-winning team of mortgage and loan specialists and describes its staff as bringing hundreds of years of combined experience in the sector.

MortgageKey is a trading style of OSL Financial Consultancy Limited, authorised and regulated by the Financial Conduct Authority under reference number 747664. The company notes that the FCA does not regulate most types of Buy to Let mortgage advice. OSL Financial Consultancy Limited is registered under company number 06810395, with a registered address at The Barn, Bigby, Lincs, DN38 6EE, and a postal address at PO Box 746, Hull, HU10 9BP.

How the brokerage works with clients

The process begins with a free, no-obligation quote. According to the company, there is nothing to pay if the client does not like the deals found. Advisors are available to give a quick overview of what a mortgage deal could look like, and a dedicated team answers questions and provides advice based on the client's personal circumstances and the specific product that fits them. Once a lender is chosen, MortgageKey states that it manages the application through to completion.

The firm frames its service around removing the complexity and stress of securing finance, from buying a home to restructuring finances when money issues arise. It also publishes mortgage and loan guides and infographics intended to make the options easier to understand.

Mortgage products listed

The catalogue of mortgage options is broad and covers both standard house purchase and more specialised lending situations:

• Remortgages, first time buyer, house purchase, shared ownership, right to buy and help to buy mortgages.
• Buy to let, let to buy and HMO mortgages.
• Self employed, contractor, self build and interest only mortgages.
• Bad credit and adverse credit mortgages, including cases involving CCJs, missed payments, defaults, IVAs, bankruptcy, a declined mortgage or a low credit score, plus a dedicated bad credit mortgage broker service and bad credit remortgage.
• Debt consolidation mortgages, 95% mortgages and commercial mortgages.
• Home improvement mortgage brokers and a remortgage calculator tool.

Secured loans and bridging finance

Beyond mortgages, MortgageKey lists secured loans aimed at homeowners, including home owner loans, home improvement loans, debt consolidation secured loans, bad credit secured loans, self employed secured loans and buy to let secured loans. It also covers bridging loans and development finance, with quick bridging loans, commercial bridging loans, property development finance and property development loans, alongside a bridging loan broker service.

Equity release and later-life lending

The equity release section sets out lifetime mortgages, including lump sum, drawdown and interest only lifetime mortgages, as well as home reversion plans. A lasting power of attorney service is also listed in this area.

Complementary services

Alongside mortgage and loan advice, the firm presents life insurance and home insurance, described respectively as protection for family if the worst happens and cover for the home and its contents. Conveyancing is offered as legal support for buying or remortgaging. A customer portal is available for clients to access their accounts.

Client feedback and industry recognition

The site reproduces numerous five-star client comments, which describe quick completions, knowledgeable and patient advisors, clear communication and regular progress updates. Individual reviewers name staff members such as Dayle, Zoe, Callum, Karl, Jamie and Michael. These are individual testimonials rather than an aggregate rating. The company also refers to recognition received within the industry for its service.

The firm includes the standard warning that a home may be repossessed if repayments on a mortgage are not kept up, and advises thinking carefully before securing debts against a property.