Charter Court expands into fourth Wolverhampton office

02 November 2018

Charter Court Financial Services (CCFS) was founded in the city a decade ago and since then has expanded to launch Charter Savings Bank and the Precise Mortgages business.

The latest office move will give its space for an additional 250 staff.

The company, which was established with 28 employees in one building on the Broadlands site in 2008, now occupies four offices at the business park and has grown its headcount to nearly 650, drawing staff and skills from the local community. CCFS has worked closely with a range of local suppliers to provide important products and services for the new building, including furniture and security systems.

The new state-of-the-art three-storey office building, which will accommodate approximately 250 people when full, boasts cutting-edge technology and environmentally-aware design, as well as on-site staff parking. CCFS’s commitment to providing the highest quality office accommodation is one of the reasons it has been ranked in the top 10 of the Sunday Times 100 Best Companies to Work For three years in a row.

CCFS’s growth is driven by its carefully planned diversification from its core activity of credit risk analysis into providing mortgages and savings accounts through its Exact Mortgage Experts, Precise Mortgages and Charter Savings Bank brands, working as one well-oiled machine. Its award-winning range of mortgages and savings products regularly feature at the top of the best buy tables.

Ian Lonergan, chief executive of CCFS, said: “We have built a highly successful team here in Wolverhampton and a big part of that is down to creating a working environment in which we can thrive and feel proud of. Our ambition is to continue hiring and retaining great people who feel valued by the business and enjoy working here. That’s reflected in being voted for three years running into the top 10 of the Sunday Times 100 Best Companies to Work For. We hope that next year we'll be celebrating another top 10.”

The cornerstone of the Charter Court business was launched under the Exact brand in 2008, utilising its credit and collections expertise to help established lenders analyse and service their mortgage portfolios. In excess of £8bn of mortgage assets have undergone a loan by loan risk assessment giving CCFS expert insight into credit risk post financial crisis.

In 2010 the company turned its attention to building a multi-asset lending platform, launching the Precise Mortgages brand aiming to offer innovative products to meet the needs of property investors and consumers the company felt were underserved by high street lenders.

2015 saw CCFS reach a new milestone in its corporate development with the launch of its Charter Savings Bank brand.

Last year the company floated on the London Stock Exchange