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Purely Financial Group announces new strategic investor

Purely Financial Group which trades as Purely Mortgages announces that Triandra Limited has made an investment for 50 per cent of the enlarged share capital of the company.

Triandra is ultimately owned by Investec Trust (Guernsey) as trustees for the Tchenguiz family trust.

Consensus Business Group which manages investments on behalf of Investec is managed by property giant Vincent Tchenguiz.

Mortgage Ventures, Purelys seed investor maintains its 50 per cent interest in the company.

Purely Mortgages chief executive Mark Chilton says: “We are delighted to announce this investment and our involvement with Consensus as a strategic partner with the Purely business. Consensuss successful track record and experience with the UK mortgage sector will help fuel the next phase of growth of Purely”.

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