Status Mortgage Services

Status Mortgage Services, mortgage broker in Rochester, Kent

Status Mortgage Services is a mortgage broker operating under the trading name of Status Financial Services Limited, a company incorporated in England and Wales with number 08983516 and an appointed representative of The Openwork Partnership, a firm authorised and regulated by the UK Financial Conduct Authority. The firm presents itself as offering clear, trusted mortgage advice, with a fee-free initial consultation and both face-to-face and online appointments.

The team is described as a group of professionals with years of experience in the mortgage and insurance sector who have assisted thousands of clients from diverse backgrounds. The company states that it works with lenders and insurers across the whole market, including high street banks and specialist lenders, and declares access to over 15,000 products from more than 70 lenders, which allows it to find solutions for a wide range of circumstances.

Areas of mortgage advice

Its main activity is mortgage intermediation and advice. The list of services the firm details includes:

• First-time buyer mortgages.
• Home mover mortgages.
• Buy to let mortgages.
• Remortgaging or refinancing an existing mortgage.
• Contractor mortgages.
• Self-employed mortgages.
• Professional mortgages.
• High net worth mortgages.
• Bad credit remortgage.

In addition, the firm notes that it offers specialist advice in specific niches, such as mortgages for small business owners, property investors and high-net-worth or older borrowers. In this section it mentions assisted mortgage products such as guarantor and joint borrower sole proprietor mortgages, colloquially known as the “Bank of Mum and Dad” model.

Protection and insurance

Alongside mortgage advice, Status Mortgage Services provides protection and insurance services. Among the coverages it lists are business protection, buildings and contents insurance, mortgage protection, life insurance in trust and protection advice. The company states that it also offers advice on life insurance, income protection, serious illness cover and general insurance.

Complementary services through partners

The firm has trusted partners to whom it can refer clients for bridging loans, commercial finance, conveyancing, wills, pensions and investments. Its website warns that commercial finance, conveyancing, will writing and some bridging finance are not regulated by the Financial Conduct Authority.

How it works and clientele

The process the company describes combines technology and human judgement: its advisers, who the firm says are fully qualified, identify and arrange the mortgage option that best fits each application. The company stresses that it provides clients with information and mortgage details so that they can make their own informed choice from the available options. Initial contact can be made by phone, via an enquiry form or by email.

Regarding its clientele, the firm states that it serves individuals without a defined typical demographic and works across the whole of the UK. It highlights that some new clients come through referrals from past clients and that meetings are tailored to each person’s specific needs, with the aim of supporting the process from application through to completion.

History and structure

The company states that it has been established since 2004 and has a team of highly experienced advisers. Its registered office is at 12 Schooner Walk, Upnor, Rochester, Kent, ME2 4GZ. The information on the site falls under the UK regulatory regime and is aimed at consumers in that country.

Location and contact

12 Schooner Walk, Upnor, Rochester, Kent, ME2 4GZ · Phone: 0330 4609914 · Email: mail@statusmortgageservices.co.uk