MortgagesMar 24 2022

OSB Group creates high net worth division

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OSB Group creates high net worth division
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Specialist lender OSB Group has set up a high net worth division to support brokers and clients.

The  team will be run by the company’s head of intermediary sales development, Simon Cockerill and will focus on supporting high net-worth customers across the group’s specialist lending brands Precise Mortgages, Kent Reliance for Intermediaries and InterBay.

The group said it has taken the decision after seeing “strong growth” across the brands.

Cockerill will be joined by Marc Callaghan and Krissy Salmon, who will return from maternity leave in early April.

Cockerill said: “The new team will be getting in touch with brokers from April onwards to ensure we can help them to support their clients with any new borrowing or retaining their business.”

He added this also means the team can help to review the requirements and best options for clients with their brokers. 

“It’s a collaborative approach that keeps the broker at the epicentre of the relationship, teamed with our lending products and specialist sector knowledge.” 

The group said further developments in the company will be announced over the next few months.

OSB is a specialist lending and retail savings FTSE 250 group, and began trading in 2011.

It reports under two segments, OneSavings Bank and Charter Court Financial Services.

sally.hickey@ft.com