Optimum Credit

When we wrote our first loan back in 2014, we set out to make Optimum Credit the UK’s leading second charge mortgage provider. We’ve accomplished that goal.

This past year has been our most successful ever.

We’ve grown our Cardiff team to over 150 colleagues, which has meant a move to a larger, brand new office.
We’ve excelled on the business front with several record months, highlighted by achieving gross sales of £34m in July.

We now have more than 18,000 customers and as of October 2019 hold the largest share of the UK second charge market at 32%.

Notably, in October, we also reached a total of £1 billion lent to customer since we started.

We’ve introduced some innovative new products. In the summer we launched a 100 per cent maximum LTV second charge mortgage for prime borrowers with a good payment history. We also overhauled our product pricing to offer more competitive fixed term rates.

We pride ourselves on delivering an unrivalled service to our customers and broker partners. Technology is at the heart of this. During the year we’ve further developed our in-house mortgage quotation software. This lets us provide bespoke quotes even more quickly and accurately, which is a big competitive advantage.

Our broker partners particularly value the ease and speed with which we process their quotes and applications. It helps them deliver a better experience to their customers. Here are a couple of their testimonials:

‘Since Optimum’s inception they have strived to push the boundaries of service excellence. Together with their ‘can-do’ approach and commitment to developing technology within the financial services market they have quite quickly become the go-to- lender in the second charge market with over a 30% market share.
Optimum invest in the right people, who care about building the brand and adding real value to the brokers’ offering and customer journey. With a pro-active attitude to broker engagement they lead the way in being the brokers lender of choice – it definitely feels like they work with us, the ‘broker’ for the greater good of our customers.’

Gareth Wallace, Freedom Finance

‘Over the past five years Optimum Credit have built up a phenomenal reputation and become, without doubt the UK’s number one second charge lender. Their approach to delivering an ‘Optimum service’ to the broker and customer alike is second to none and they really do work with us to ensure the right customer outcomes are always achieved.
Their sales team go above and beyond to deliver a personal service to the broker and the lender-broker relationship is ensconced in everything they aim to achieve.’

Dave White, Fluent Money