Office address: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire SO14 3LP
Website: www.themortgagehut.co.uk
Year established: 2011
Company type: financial services
Employees: 30+
Expertise: independent mortgage advice, buy to let mortgages, commercial mortgages, first time buyer mortgages, remortgages, let to buy, adverse credit mortgages, self-employed mortgages
Parent company: N/A
Key people: Nicola Schutrups (managing director), Chris Schutrups (founder), Giacomo Stevens (operations director), Gill Jackson (PA to the MD), Amy Hinder (mortgage and protection specialist), Bob White (mortgage specialist), Billy Pragnell (mortgage specialist)
Financing status: N/A
The Mortgage Hut, based in Southampton, is a mortgage brokerage that provides expert advice and services to various customers. They employ more than 30 professionals, have assisted over 34,070 customers, and compare products from over 90 lenders and 11,000 products. They offer free residential mortgage advice but charge an administrative fee for processing mortgage contracts, applicable only when an application proceeds.
The Mortgage Hut was founded in 2011 by Chris Schutrups with the slogan "clear, simple, honest advice." Initially operating from a bedroom, Schutrups treated each customer like family. The business expanded with the first adviser, Bob White, and continued rapid growth with more team additions.
In 2014, The Mortgage Hut opened a new headquarters to accommodate their growing team and better serve their expanding client base. They have helped over 20,000 customers by 2017 and have opened additional offices to enhance their reach. In 2022, the company appointed Nicola Schutrups as the new managing director.
The Mortgage Hut offers a comprehensive range of mortgage solutions tailored to diverse client needs. Key offerings include:
first-time buyer mortgages: specialised advice and support for first-time buyers navigating the mortgage process
remortgaging: assistance in finding better rates or releasing equity from existing properties
buy-to-let mortgages: tailored services for investors looking to purchase rental properties
commercial mortgages: expert guidance for businesses needing property financing
self-employed mortgages: custom solutions for self-employed individuals with complex income structures
help to buy schemes: assistance with government schemes designed to help people purchase homes
protection insurance: comprehensive insurance products to safeguard clients' investments
specialist lending: solutions for clients with unique financial circumstances or poor credit histories
The Mortgage Hut is committed to positively impacting communities they serve. They reinvest profits into charities and community projects annually, while the employees receive paid leave for volunteer work. To uphold these principles, they engage in various programs such as:
Pension4Paws: supports retired police dogs needing medical care
Hampshire Police FC: local football team of dedicated police officers
Macmillan Cancer Research: fights cancer through research and support
Southampton Girls FC: local football team of talented female players
Abode Project: funded a classroom for children lacking educational prospects
The Mortgage Hut consists of team members that have the same core values of exceptional work ethic and customer service, working towards a single goal. Recognised by their customers as tenacious, smart, and human-centric, the company's advisers are regarded as professional, personable, and highly efficient.
Nicola Schutrups serves as The Mortgage Hut's managing director. Schutrups held directorial positions in Mortgage Capacity Reports, Police Mortgages, and Airline Mortgage Shop, and worked as cabin crew at British Airways. Her extensive expertise includes management, business development, leadership, and strategic planning, which she utilises to lead the company.
Supporting the managing director in operating the company is a team of experienced professionals, including:
Chris Schutrups, as founder, provides strategic vision and leadership
Giacomo Stevens, an operations director, oversees the company's operational efficiency and processes
Gill Jackson, as PA to the managing director, manages administrative tasks and supports the executive team
Amy Hinder, a mortgage and protection specialist, offers expert advice on mortgage and insurance products
Bob White, as a mortgage specialist, provides tailored mortgage solutions to clients
Billy Pragnell, also serving as mortgage specialist, focuses on assisting clients with their mortgage needs
The Mortgage Hut will aim to increase their client base by further developing their technological integration in their products. The company has also been continuously growing their team members and advisers. These initiatives will help them meet the needs of their clients and stay competitive.
The Mortgage Hut has recently been directly authorised by the Financial Conduct Authority. This significant milestone allows for greater growth and improved customer service, ensuring continued success and expansion. The company has set out on a new growth phase, aiming to advance the business and deliver exceptional outcomes to more customers.
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