Leading the Charge

On the back of a successful 2017, Optimum Credit has ambitious plans for this year.

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Optimum Credit expands its Cardiff operations with Welsh Government support

Optimum Credit – one of the UK’s leading providers of prime residential second charge mortgages - is expanding its operations in Cardiff and creating 23 jobs with Welsh Government support.

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Optimum Credit securitisation 'significant for seconds'

Fluent Money has hailed Optimum Credit’s recent securitisation as demonstrating the “growing importance and status” of the second charge market.

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Securitisation Press Release

Cardiff-based Optimum Credit has raised £256m through a securitisation transaction that will help it to maintain its position as the UK’s leading provider of second charge mortgages and further grow its market share of more than 20%. Click here for the full Press Release.

Optimum Credit appoint new Non-Executive Director

Optimum Credit Limited is pleased to announce that Stuart Deane has joined the Board as a non-executive director.

Mr Deane will be a member of both the Audit and Remuneration Committees acting as Chair of the Audit Committee following his appointment. 

Optimum Credit Chairman, Ashish Kashyap, said: “We are delighted to welcome Stuart to the Board. He brings significant lending experience across the mutual and banking sectors gained over his 25-year career in financial services firms including Sainsbury’s Bank and the Principality and Portman Building Societies.  We are looking forward to his insights and inputs as we continue to grow the business.”

Stuart Deane added: “I am delighted to be joining the Board of Optimum Credit at an exciting time in the business’s development and look forward to making a positive contribution to the company’s growth and future success.”

Mr Deane, aged 51, is currently a non-executive director of Experian UK plc and is chair of its Audit and Remuneration Committees. A member of the Chartered Institute of Insurance, he has worked in financial services for 25 years including over five years at Principality Building Society, most recently as Managing Director – Distribution and eight years at the Portman Building Society where roles included Director – Branch Distribution.  He has spent the last three years with Sainsbury’s Bank as its Chief Trading Officer.  

For intermediaries: Optimum cited as the Market Innovator

Recognising our commitment to delivering market-leading service to brokers and intermediaries, MortgageSolutions cites Optimum's innovative approach to pricing as key to reducing costs and processing times..


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Moody’s Rating: Optimum has £100m of funding rated

Moody’s assigns a long term credit rating of A2 to £100m of funding issued by an Optimum group company.

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Loan Talk Article - Optimum to manage £20m Seconds Portfolio

Optimum Credit Limited have been selected by house builder Crest Nicholson to manage and administer its second charge shared equity loan portfolio. 

Management of the portfolio, totalling £20.2m of Crest own brand loans, is further confirmation of Optimum’s capability in this specialist space adding to the existing servicing undertaken on two recent shared equity portfolios acquired by Patron Capital – the pan European institutional investor.  Optimum Credit Limited, is a wholly owned subsidiary of Patron Capital’s Fund IV.

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Tariff of Fees and Charges – January 2015

We’ve updated our tariff of fees and charges. With effect from January 21st 2015, our ‘Add or Remove Borrower Application’ fee has been reduced to £100.

An up to date version of our full Tariff of Fees and Charges can be found here.

If you require a printed version, please contact our Customer Services Team on 0333 014 3125.

Loan Talk Article - Optimum Credit lands £20m funding line

Secured lender, Optimum Credit, has landed a £20 million, three year revolving credit facility from RBS, to support the business's growth ambitions…Read more