OCTANE CAPITAL PARTNERS WITH TWENTY7TEC
All products of #3rdgen lender will be available via the SOURCE platform
#3rdGen lender, Octane Capital, today announced it has partnered with the mortgage platform provider, Twenty7Tec.
With immediate effect, intermediaries will be able to access Octane’s medium-term buy-to-let products and short-term bridging solutions via Twenty7tec’s SOURCE module.
Octane’s ground-breaking buy-to-let products, which involve zero stress testing, are proving especially popular with brokers at present given the more cautious lending environment.
Nathan Reilly, Head of Lender Relationships, Twenty7Tec, commented:
“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, 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.”
About Octane Capital
Octane Capital is a specialist lender focused on bespoke property finance. Collectively, its senior management team have lent billions and are experts at structuring non-standard loans that are beyond the comfort zone of most specialist lenders. It offers residential and commercial bridging, development finance and medium-term buy-to-let loans. Octane Capital is fully committed to providing brokers and master brokers with Access (to key decision-makers), Certainty (of lending) and Flexibility (in the way it structures loans). Since launching two years ago, Octane has completed on more than £0.9bn of loans, delivering an unrivalled customer experience for brokers and clients alike