OSB Group reported that sources rose 10% to £1.1 billion in the first three months of 2025 compared to a year ago.
The Professional Loan Group owns a range of companies including OneSavings Bank, Kent Reliance and Precise Mortgages.
In a market statement, the company said its group net loan book has risen by 0.4% from its price in the past three months to £25.2 billion as the company “maintains pricing discipline and focuses on higher expert sub-segments of business, asset finance, bridges and development financing.”
At the end of March, the balance of arrears for more than three months was 1.7%, which remained unchanged since the end of last year, which was in line with its expectations.
The business has repurchased £15.7 million in shares under its £100 million share buyback scheme, which will be completed on March 10, 2026.
Andy Golding, CEO of OSB Group, said: “We continue to prioritize returns over growth compared to the end of 2024, which leads to a wide range of net loan books.
“We see growth in Origins and our higher-yield expert sub-segment and retail pricing pricing in more complex purchases and have an attractive mix of prequel margins.”
