OSB Group PLC is a United Kingdom-based specialist mortgage lender, primarily focused on selected sub-segments of the United Kingdom mortgage market.
It operates through OneSavings Bank and Charter Court Financial Services. OneSavings Bank includes Buy-to-Let/SME sub-segments and Residential sub-segment. Buy-to-Let/SME sub-segments include buy-to-let, residential development, commercial, and funding lines. Residential sub-segments include first charge and second charge. The segments consist of brands such as Kent Reliance and InterBay.
Charter Court Financial Services segment includes Buy-to-Let, Residential, Bridging, Second charge, and Other. This segment operates through Precise Mortgages brand. Its Precise Mortgages brand uses an automated underwriting platform to manage mortgage applications. The Company’s lending is funded by retail deposits sourced through its Kent Reliance and Charter Savings Bank franchises.
OSB share price launched at 170p in 2014.