The Mortgage Point

The Mortgage Point: mortgage brokerage for profiles the conventional market rejects

The Mortgage Point is a mortgage brokerage based in the United Kingdom that presents itself as a help and advice service for people who find it difficult to obtain a mortgage. The firm operates under the trading name TMPUK Ltd and is authorised and regulated by the Financial Conduct Authority (FCA) under Firm Reference Number 1016464, as an appointed representative of TMG Direct Limited, also regulated by the FCA under number 786245.

Its approach focuses on supporting the client throughout the entire mortgage process, not only at the loan contracting stage. The company states that it offers a free initial consultation and that its goal is for people to have a fair chance of accessing a home, regardless of their circumstances.

Situations the firm states it can assist with

The website details a series of profiles and circumstances in which the company says it has helped its clients:

• Adverse credit: advice for people with credit issues, with the aim of finding the most suitable solution for each situation.
• First-time buyers: support throughout the entire process of buying a first home, including help beyond the mortgage itself.
• Shared ownership: presented as an alternative to standard ownership, as it allows the purchase of a higher-priced property without the need for a larger mortgage.
• Self-employed: mortgage management for self-employed workers, a profile the company acknowledges as particularly complex.
• Zero deposit: the firm states that it works with lenders offering up to 100% mortgages, so those who have not been able to save for a deposit may still have options.
• Agency workers or zero-hours contract workers: in these cases, the company notes that it can use average pay to calculate affordability.

Corporate structure and regulation

The Mortgage Point™ is a trading name of TMPUK Ltd, a company registered in England under number 15025236 with its registered office at Oak House, Samuel Brunts Way, Mansfield, Nottinghamshire NG18 2AH. The company is registered under the Data Protection Act 1998 with registration number ZB732558. Its activity is subject to the UK regulatory regime and is therefore aimed at consumers resident in that country.

The firm operates as an appointed representative of TMG Direct Limited, an entity authorised and regulated by the FCA under number 786245 and also registered under the data protection register with number ZA178200.

Fees and legal warnings

The website states that mortgage advice involves a fee, the exact amount of which depends on the client's circumstances, although the company indicates a typical fee of £495. It also warns that an early repayment charge may apply if an existing mortgage is remortgaged with the current lender.

The firm includes on its website the usual industry warnings: the home may be repossessed if mortgage payments or any other debt secured on it are not kept up, and it recommends thinking carefully before securing debts against the home. It also refers to the public financial advice service Money Advice Service.

Location and contact

Oak House, Samuel Brunts Way, Mansfield, Nottinghamshire NG18 2AH