UK Independent. Sourced. Primary. · Est. 2024

Challenge Brokers Limited | Mortgage Brokers | London | Est. 2012

Challenge Brokers Limited is a mortgage brokers registered in London, established 2012. View company details, send a free enquiry and verify FCA status. Kaeltripton Financial Index.

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Mortgage Brokers UNCLAIMED LISTING

Challenge Brokers Limited

Mortgage Brokers · London · Est. 2012

14 years
Active Trading
Active
CH Status
08024885
Company No
2024
Accounts to

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Company Registration Details

Registered company nameChallenge Brokers Limited
Companies House number08024885 →
Company typePrivate Limited Company (Ltd)
Registered addressUnit 102 Portsoken House 155-157 Minories, EC3N 1LJ
City / RegionLondon
Date incorporated2012
Years trading14 years
CH statusActive
SpecialismRecorded activity: 66220 (activities of insurance agents and brokers)
Index statusClaim this listing →

About Challenge Brokers Limited

Founded in 2012, Challenge Brokers Limited has been active for 14 years — a period that spans significant change in the UK financial services landscape, including post-financial crisis regulatory reform, digital transformation and the economic disruption of recent years. The firm's continued active status through this period reflects operational stability.

The Kaeltripton Financial Index records 5754 mortgage brokers nationally, 726 of them in London.

Always confirm current authorisation on the FCA register before proceeding; it also records past regulatory action.

What Mortgage Brokers Do

Mortgage brokers arrange lending between borrowers and banks or building societies, matching an application to lenders likely to accept it. Firms differ in market coverage, and FCA rules require that coverage to be disclosed at the outset of advice.

Away from vanilla purchases, lender appetite varies widely, and matching case to lender is the skill being bought.

How to Choose the Right Mortgage Broker

Matching the firm to the case matters: portfolio landlords, contractors and expats are better served by brokers who work those niches daily. A short scoping call establishes lender access, typical turnaround and whether the firm has an appetite for your case.

Most firms are paid a procuration fee by the lender on completion; some add a client fee, which must be disclosed upfront.

Frequently Asked Questions

Do I need a mortgage broker or can I go directly to a lender?
You can approach any lender yourself. What a broker adds is market coverage and criteria knowledge, which shows its value on higher loan sizes, complex income or previously declined applications.
How much does a mortgage broker charge?
Some brokers charge you nothing directly and are remunerated by the lender; others charge a disclosed client fee. Confirm the total cost of the service in writing before proceeding.
What documents do I need to provide to a mortgage broker?
Identity documents, address proof, bank statements, income evidence and details of debts form the core; self-employed applicants should have two to three years of accounts or tax calculations ready.
How long does the mortgage process take when using a broker?
From application to offer is commonly two to six weeks with mainstream lenders, longer for specialist lending. A firm that manages the lender relationship actively can compress that materially.
Can a mortgage broker help if I have been declined by a lender?
Often yes. Post-decline placement is a recognised specialism: the task is matching your circumstances to a lender whose published and unpublished criteria accept them.

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Important notice: Data on this page comes from the public Companies House register. Kaeltripton.com is an independent directory service, unaffiliated with Challenge Brokers Limited or any listed firm. This page does not constitute financial advice. Always verify a firm's regulatory status on the FCA Register at register.fca.org.uk and its Companies House status at companieshouse.gov.uk before entering into any arrangement.

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