Tag: Optimum Credit

Spicing Up The Sector

Can Pepper help provide additional flavour to the second charge maket, asks Simon Mules, commercial director at Optimum Credit Well the news is out! Optimum Credit Limited, the second charge market leader, has been acquired by Pepper Money (PMB) Limited; subject to formal FCA approval. What does the future hold? Laurence Morey, chief executive officer […]


Simon Mules, commercial director at Optimum Credit, takes the temperature of the second charge market If the second charge market was gauged by the weather, we’d love to say we were having a ‘scorcher’ of a start to the first half of 2018, but as a market that’s not quite true! Let’s be clear, in […]

Past, Present and Future

What happened in 2017 and what will 2018 bring, asks Simon Mules, commercial director at Optimum Credit It’s a billion! The Finance and Leasing Association has reported that the market paid out over £1bn pounds of second charge mortgages in 2017. Optimum Credit paid out £225m of the above number, making us the most chosen […]

Optimum Credit raise £256m through securitisation

Optimum Credit has raised £256m through a securitisation transaction that will help it to maintain its position as one of the UK’s leading provider of second charge mortgages and grow it’s market share. The Cardiff based company which was founded in 2013 and backed by Patron Capital Partners, has grown rapidly since its launch and […]