Cheap Mortgages Limited

Reference number: 760202

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
10128982
Company status
Active
Company type
Private limited company
Incorporated
18 April 2016 (10 years old)
Registered office
F6 The Bloc Springfield Way, Anlaby, Hull, HU10 6RJ, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Current directors and secretaries

Name Role Born Appointed
Joseph Leon Schwok Director Nov 1971 18 Apr 2016
Joe Schwok Secretary Not published 18 Apr 2016

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
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  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

Limits on what they may do

  • Limited to no debt management plans
    Debt counselling Limited to debt counselling excluding the administration of debt management plans In this limitation debt management plans are defined as: a non-statutory agreement between a customer and one or more of the customer's lenders the aim of which is to discharge or liquidate the customer's debts, by making regular payments to a third party which administers the plan and distributes the money to the lenders.

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • AI Mortgages

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Common questions

Frequently asked questions

Is Cheap Mortgages Limited FCA authorised?
Yes, Cheap Mortgages Limited (FRN 760202) is authorised by the FCA to carry out regulated activities.
Is my money safe with Cheap Mortgages?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Cheap Mortgages to the Financial Ombudsman Service, free of charge.
Is Cheap Mortgages a scam or clone?
Cheap Mortgages is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Cheap Mortgages's Firm Reference Number (FRN)?
Cheap Mortgages's FRN is 760202. You can verify it on the FCA register.