OSB Group Market Research Report

Company Overview

Name: OSB Group PLC

Mission of the Company: To help our customers, colleagues, and communities prosper. OSB Group aims to enable their financial and personal goals, ensuring they thrive, flourish, and succeed.

Vision: To be recognized as the UK’s number one choice of specialist bank, through exceptional service, strong relationships, and competitive propositions.

Year Founded: No specific founding year for the current entity, but the history dates back to 1898 with the formation of Chatham & District Reliance.

Founders: The company traces its roots to various building societies including Chatham & District Reliance.

Key People:

David Weymouth - Chairman

Noël Harwerth - Senior Independent Director

Andy Golding - Chief Executive Officer

Rajan Kapoor - Independent Non-Executive Director

Sarah Hedger - Non-Executive Director

Simon Walker - Non-Executive Director

Kal Atwal - Independent Non-Executive Director

Henry Daubeney - Non-Executive Director

Victoria Hyde - Chief Financial Officer

Headquarters: OSB House, Quayside, Chatham Maritime, ME4 4QZ, Kent, UK

Number of Employees: Approximately 2,459 employees

Revenue: No information is available

What is the Company Known For:
OSB Group is a leading specialist mortgage lender, focused on specific segments of the mortgage market, including Buy to Let, Residential, complex commercial and semi-commercial, development finance, bridging, and asset finance.

Products

Product Categories:
1. Mortgages:

Focused on sub-segments like Buy to Let, Residential, complex commercial and semi-commercial, development finance, bridging, and asset finance.

2. Savings:

Offers a range of saving products through their brands, providing options like instant access, tax-free, and fixed-term savings.

Key Features:

Mortgages:

Tailored lending products to meet various needs including complex financial situations

Flexible and pragmatic underwriting processes

Focus on sub-segments of the mortgage market to cater to specific needs

Savings:

Multiple saving channels: branch, postal, and online

Long-standing trust (over 150 years) from their customer base

Range of saving products including tax-free accounts and fixed-term deposits

Recent Developments

New Products Launched:
No information is available

New Features Added to Existing Products:
No information is available

New Partnerships:
No information is available

Other Recent Developments:
1. Energy Efficient Office:

OSB Group opened a new office in Wolverhampton incorporating energy efficiency measures and facilities like a multi-faith room, well-being center, and informal meeting areas.

2. Volunteers Week:

Celebrated the volunteering achievements of their employees for Volunteers Week 2024.

3. Domestic Abuse Awareness Training:

OSB Group introduced domestic abuse awareness training to bolster support for its employees during Mental Health Awareness Week 2024.

4. Internal Promotions:

Strengthened sales team by promoting employees internally, leveraging their expertise and experience.

Historical Highlights

1898 - 1902: Chatham & District Reliance was formed.

1957 - 1963: Introduction of passbooks; opened the first branch in Chatham, Kent.

1986: Merged with various regional societies to become Kent Reliance Building Society.

2004 - 2010: Subsidiaries and new services launched including OSB India, Charter Court Financial Services, and Precise Mortgages.

2011 - 2012: Kent Reliance transformed into OneSavings Bank PLC.

2014: Listed on the London Stock Exchange.

2015: Charter Savings Bank launched and obtained a banking license. Joined FTSE 250.

2017 - 2018: Charter Court Financial Services listed on the London Stock Exchange.

2019: Merged with Charter Court Financial Services, forming OSB Group as the holding entity.

Contact Information

General Enquiries: [Contact Us](mailto:general@osb.co.uk)

Investor Enquiries: [Investor Relations](mailto:investors@osb.co.uk)

Recruitment Enquiries: [Careers](mailto:recruitment@osb.co.uk)

Registered Office: OSB House, Quayside, Chatham Maritime, ME4 4QZ, UK

Note: The information detailed in this report is based on the data provided. For fields where no information was available, it has been explicitly noted.