PUNT OF THE WEEK

WHAT IS IT? Specialist lender and savings bank Onesavings is based in Kent and has three divisions: buy-to-let and small business lending, residential mortgages and personal loans.

WHAT’S THE LATEST? A trading update in November showed strong financial and operational performance, and the business raised its forecast for lending growth by around 20pc for the new year. It has nine branches, and saw its lending and savings business perform well.

WHO BACKS IT? A cohort of wealth and investment managers make up Onesavings’ biggest shareholders, including Merian, Aberdeen Standard, JP Morgan and Santander.

WHY YOU SHOULD INVEST Graham Spooner, investment research analyst at The Share Centre, says: ‘The group isn’t weighed down by the legacy problems of the financial crisis, like other established names in the sector.’

AND WHY YO U SHOULDN’T Spooner says Brexit could drag Onesavings down. The banking market is also fairly crowded, and Metro’s difficulties have thrown doubt on some challenger banks’ business models.