Octane Capital, the multi-award winning specialist finance house offering bridging finance and refurbishment finance, has joined forces with Twenty7Tec, the mortgage platform provider.
Under this new partnership, the lender’s products will all be available via Twenty7Tec’s SOURCE platform. This will give Intermediaries access to Octane’s medium-term buy-to-let products and short-term bridging solutions, via the SOURCE module.
Nathan Reilly, head of lender relationships at Twenty7Tec, said: “The specialist lending market is growing by the day so we’re delighted to welcome one of the real innovators in it onto our platform.
“Being able to access a lender of the quality and experience of Octane Capital will be a real value-add for our users during 2021 and beyond.”
Mark Posniak, managing director at Octane Capital, added: “Our appetite to lend has never been as strong and so featuring on an established and cutting-edge platform like SOURCE will enable us to get even more money into the market.
“As a lender with no products for our short-term lending proposition, creating products specifically for this sourcing system was a fun challenge.
“We do, however, feel that our buy-to-let products will be a real bonus for the many mortgage brokers out there looking for a home for their foreign national, first-time landlord and more challenging buy-to-let clients.”
Original article featured here…
Octane Capital recently highlighted its ability with non-mainstream BTL cases; by completing a £420,000 loan to an Indian national, who is currently residing in the UAE, which is secured on an unencumbered flat in London.
source https://commercial-mortgages-broker.co.uk/bridging-finance-news/octane-capital-joins-forces-with-twenty7tec/
No comments:
Post a Comment