The combination between OneSavings Bank plc and Charter Court Financial Services Group plc has completed today.

The group brands – Precise Mortgages, Kent Reliance for Intermediaries, InterBay Commercial, Heritable and Prestige Finance – will remain separate, as will propositions, service, contacts, procuration fees and product offerings.

Alan Cleary, new group managing director, said: “We’re very pleased today to announce the completion of the combination of OneSavings Bank plc with Charter Court Financial Services Group plc.

“Intermediaries have always been at the very heart of our propositions and I’d like to take this opportunity to reassure brokers that operationally they’ll notice absolutely no change.

“It will be business as usual with all the brands of the new group remaining committed to the intermediary market.”