FCA Reg. 450713 · 0800 448 0298 · info@excelmoney.co.uk

Initial Disclosure Document

Last updated: 9 May 2026 · Version 1.0

This document tells you who we are, what we offer, and how we are paid. It is required by the Financial Conduct Authority (FCA) and forms the basis of your relationship with us. Please read it carefully and ask us if anything is unclear.

In short: We are an FCA-regulated independent intermediary. We advise on mortgages, secured loans and protection insurance from the whole market. The first conversation is without obligation, our fees are set out in writing before you commit, and you are protected by the Financial Services Compensation Scheme.

1. Who we are

Excel Money Limited is a trading style of The Mortgage Shop (Barnsley) Limited, a limited company registered in England & Wales, company number 14723880. Our registered office is Office 23, Silkstone House, Pioneer Way, Wath upon Dearne, S63 7JZ.

We are authorised and regulated by the Financial Conduct Authority. Our firm reference number is 450713. You can verify our regulated status at register.fca.org.uk.

2. What we offer

We offer regulated advice on:

We provide advice on the basis of a fair and personal analysis of the market, meaning we consider products from a wide range of lenders and insurers, not from a panel limited to one or two providers.

Lenders we work with

For mortgages, we have access to lenders across the whole market, including all major high-street lenders and specialist adverse-credit lenders. A full list is available on request.

Insurers we work with

For protection insurance, we have access to the following insurers: Aegon, AIG Life, Aviva, Beagle Street, British Friendly, Canada Life, Cirencester Friendly, Guardian, HSBC Life, Legal & General, LV=, MetLife, Royal London, Scottish Widows, The Exeter, Vitality, Zurich, plus specialist health-impaired and high-net-worth underwriters.

3. The advice we give

For mortgages and protection insurance, we give advised sales, meaning we make a personal recommendation based on a fact-find of your circumstances and needs. We do not offer execution-only services.

For general insurance (buildings & contents), we provide information on a non-advised basis. You make the choice based on the information we provide. We will tell you clearly which basis applies before any sale.

4. How we're paid

We are paid in two ways:

We do not receive any other form of payment, incentive or kickback from any lender, insurer or third party.

5. Fees you'll pay

Full details of our fees are set out in our Fee Schedule. Headline figures:

Your individual fee agreement, signed before instruction, will specify the exact amount payable in your case.

6. What to do if you have a complaint

If you are unhappy with the service we have provided, please contact us in the first instance:

Full details of our complaints procedure are set out in our Complaints Procedure. If we are unable to resolve your complaint to your satisfaction, you may refer it free of charge to the Financial Ombudsman Service at financial-ombudsman.org.uk.

7. Your protection: the Financial Services Compensation Scheme

We are covered by the Financial Services Compensation Scheme (FSCS). You may be entitled to compensation from the scheme if we cannot meet our obligations. Mortgage advice and protection insurance are both eligible types of business. The amount you may receive depends on the type of business and the circumstances of the claim.

Further information about FSCS compensation is available from the FSCS at fscs.org.uk or by phone on 0800 678 1100.

8. Your data

We will collect personal information from you to provide our services. How we use, share and protect that data is set out in our Privacy Notice.

9. Things to keep in mind

10. Confirmation

By instructing us, you confirm that you have received and read this document and our Fee Schedule, and that you understand and agree to the basis on which we will work with you.