OSB Group Plc (OSB)

Profile

https://www.osb.co.uk

OSB Group Plc is a UK-listed specialist bank and financial services holding company with over 150 years of heritage, tracing its roots to the Kent Reliance Building Society founded to promote homeownership and community support. It primarily serves underserved segments of the mortgage market through diverse brands like Kent Reliance, Charter Savings Bank, Precise Mortgages, InterBay, and the newer Rely brand for buy-to-let lending, alongside savings products and personal loans in the UK, Jersey, and Guernsey. The Group's lending portfolio, totaling £25.8 billion in statutory loans to customers as of 2023, is funded mainly by £22.1 billion in retail deposits, supplemented by high-quality residential mortgage-backed securities worth £11.4 billion since 2013 and Bank of England schemes. Notable features include complementary underwriting platforms for bespoke manual assessments and automated processing, strong broker relationships, in-house credit expertise, and operational support from OSB India, achieving high Net Promoter Scores. Headquartered in Chatham, Kent, OSB Group Plc emphasizes stewardship, exceptional service, and sustainability, positioning it as a key player in specialist mortgage finance with gross new lending of £4.7 billion in 2023.