John Charcol
John Charcol is a UK mortgage broker, founded in 1974, and is the "UK's leading independent mortgage adviser".[1]
About John Charcol
John Charcol is the UK’s leading whole of market independent mortgage broker. It has have been advising its clients on residential and commercial property since 1974 and has built its reputation on market expertise that it believes are second to none.
Its passion is to ensure its brokers arrange the most attractive tailored mortgage solution for each and every one of their clients. They specialise in arranging finance in the following areas (this list is not exhaustive):
• Residential mortgages • Let to Buy and Buy to Let projects • Holiday Lets • Self Build Projects • Bridging Finance – through a selected panel of lenders, list available on request • Commercial Mortgages and Development Finance
Its mortgage expertise is highly regarded by its clients, business partners, the industry, mortgage lenders and the media alike.
It is home to the well regarded mortgage expert Ray Boulger aka Mr Mortgages who is often seen interviewed on BBC News, Sky and CNN.
History
The company name reflects a three-way partnership between John Garfield, Charles Wishart and Colin Studd.[1]
After establishing itself, John Charcol was bought by Abaco in 1984. Two years later, in 1986, another change of overall ownership occurred with the British and Commonwealth Group buying Abaco. In 1989 the business returned to its founders with a management buy out and remained in the director’s control until July 1998, when US venture capitalist company Warburg Pincus purchased a 71% stake. Then, in February 2000, Bradford & Bingley bought John Charcol outright. Bradford & Bingley bought the business to apply the model to their own branch network, setting up as a retailer of other organisations' financial products. In 2004, after a change of chief executive, and consequently strategy, Bradford & Bingley decided to sell John Charcol. The company was purchased once more by a consortium led by John Garfield.
References
- ↑ 1.0 1.1 "About Us". John Charcol.