Octopus Real Estate added to SOURCE

Leading mortgage technology provider Twenty7Tec today announces that Octopus Real Estate has added its mortgage product range to the Twenty7Tec SOURCE module.

By adding its products to SOURCE, the Octopus Real Estate product range and criteria is now available to users of CloudTwenty7, the Twenty7Tec platform.

Octopus Real Estate is a leading specialist real estate investor, with over £3.4 billion in real estate assets and secured lending, and a highly experienced team of over 90 professionals. The property lending team provides customer-focused financing solutions across the UK residential, commercial and development sectors

Nathan Reilly, Director of Lender Relationships at Twenty7Tec, noted “The start of 2022 has been a record-breaking period for searches being conducted by our users. Whilst this clearly underlines how busy the market remains, it also shows advisers are turning to technology and sourcing systems to navigate the flurry of product and criteria changes we’ve seen early this year.”

“Octopus Real Estate’s range of specialist products and flexible criteria offers advisers even more choice when assessing the market and meeting their customers’ needs.”

Steve Matthews, Head of Residential Lending at Octopus Real Estate, commented:

“We’re thrilled to announce this partnership and we are looking forward to working closely with Twenty7Tec to better service the needs of our broker partners. Adding value to brokers and their businesses is a key objective of ours, and this collaboration further helps to support that goal.

“In recent months, increasing numbers of borrowers have turned to specialist lenders, so it’s more important than ever that intermediaries have instant access to specialist products through sourcing systems such as those offered by Twenty7Tec.

“The platform also provides data tools that will help us to monitor what brokers are searching for and which products are popular, thereby allowing us to tailor our own products and propositions to even better suit the needs of both brokers and borrowers.”

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About Octopus

Octopus Real Estate is a leading specialist real estate investor, with over £3.4 billion in real estate assets and secured lending, and a highly experienced team of over 90 professionals. The property lending team provides customer focused financing solutions across the UK residential, commercial and development sectors. The team has lent more than £5.5 billion across over 4,000 loans, providing competitive financing throughout the UK with loans ranging from £100,000 to £50 million. The healthcare team manages over £1 billion of investments, with a focus on care homes and retirement communities – sectors requiring significant investment given the UK’s ageing population.

 

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