Specialist lender OSB Group has appointed a new specialist team, dedicated to supporting brokers and their clients with larger and more intricate cases with loans over £5m involving portfolio expansion, property development, and complex ownership structures.
The Specialist Property Solutions Team brings together experienced underwriters and real estate professionals who are on hand to help brokers with long-term and short-term lending across both buy-to-let and commercial properties.
This includes multi-unit freehold blocks (MUFBs), portfolios, purpose built student accommodation (PBSA) and a breadth of commercial property types, from serviced offices, retail parks and industrial estates to specialist trading related and non-core property types. The team will also assist to structure deals to support refurbishments and conversions.
EVOLVING MARKET NEEDS
The team has been created in response to evolving market needs, as clients are looking to diversify their portfolios and are discussing larger more complex cases that require a tailored approach.
Leading the team is Peter Greig (main picture), a chartered surveyor and registered valuer with over 20 years’ post-qualification experience. Greig has varied and extensive expertise in this area and was previously Group Head of Real Estate where his in-depth knowledge of the UK property market covered many asset classes, including investment.
PORTFOLIO DIVERSIFICATION
He said “We continue to see increased demand for diversification to clients’ portfolios which has lead to applications being up 100% on 2024 levels, showing both strength and growth in this sector. The expertise of this team are perfectly placed to support brokers and their clients to discuss and shape deals at a pre-application stage, and then to oversee the deal through to completion.
“Brokers may already be aware of our excellent Specialist Finance Account Managers (SFAMs) and High Net Worth (HNW) teams who work closely with clients and are essentially the “linchpin” of the case. This new specialist team will run alongside the SFAM and HNW teams to complement the great work we’re already doing, so we’ve really hit the ground running.”
