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ONESAVINGS BANK PLC

Location

Founded

2010-07-13

Website

https://www.osb.co.uk/

Articles

182 Articles

Category

National Commercial Banks

Description

With a central mission to provide fair financial solutions to all, OSB Group is a specialist lending and retail savings group serving the UK, Jersey and Guernsey, and is authorised by the PRA, part of the Bank of England, and regulated by the FCA. With a heritage dating back over 150 years, OSB floated on the London Stock Exchange in June 2014 and joined the FTSE 250 one year later. 2019 marked an exciting period of growth with the combination of OSB and Charter Court Financial Services, taking The Groups individual brands to 13, including Kent Reliance, Precise Mortgages, InterBay Commercial, Heritable Development Finance, and Charter Savings Bank. OSB Group focuses its specialist lending activities on selected sub-sectors of the lending market in which it has an established presence and expertise. These include private rented sector buy to let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending, secured funding lines and asset finance. Predominantly funded by retail savings originated through online and direct channels, The Group originates almost all of its organic lending through specialist intermediaries. It’s differentiated through its use of highly skilled, bespoke underwriting and efficient operating model. The majority of the Group’s administrative support functions are performed by its wholly owned operations in Bangalore, India.

Articles

OneSavings Bank and Charter Court report double-digit originations growth in Q3

2020-02-10 (mortgagesolutions.co.uk)

OneSavings Bank and Charter Court report double-digit originations growth in Q3

OneSavings completed its acquisition of Charter Court on 4 October, having been given the green light by the regulator back in July. OneSavings reported new mortgage originations of £842m in the three months to end-September 2019, higher by 15 per cent compared to £730m in Q3 2018.

Read more
OneSavings Bank and Charter Court merger gets green light - Mortgage Solutions

2019-07-30 (mortgagesolutions.co.uk)

OneSavings Bank and Charter Court merger gets green light - Mortgage Solutions

The Competition and Markets Authority has given the green light to OneSavings Bank for its proposed acquisition of Charter Court Financial Services Group.

Read more

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