Octane Capital passes £500m lending milestone

Octane Capital passes £500m lending milestone

Todays other news
There will be five criteria for the private rental sector,...
This might be the moment for landlords wanting to quit...
It's part of the campaign to help Labour achieve its...
The figures come from deposit alternative service Reposit...


Having completed loans primarily to professional landlords, property investors and developers, Octane Capital has passed the £500m lending milestone, just over two years since launching in May 2017.

Known for its speed, offering much faster time to completion than many high-street lenders, the buy-to-let, bridging and development lender has helped a number of landlords add to their property portfolios by providing crucial funding a purchaser needs to acquire property.

Research shows that the main reason borrowers turn to specialist lenders is to avoid delays with their long term mortgage, which can result in a potentially lucrative investment opportunity being missed. 

Jonathan Samuels, chief executive of Octane Capital, commented: “We launched Octane with a vision of shaking up the specialist finance sector and hopefully, with our product-less approach to lending, we have managed to achieve that.

“We would clearly like to extend special thanks to our valued broker partners, who have played a pivotal role in the growth of our business.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
There's another interest rate decision in mid-December...
The figures have been produced by a specialist lender...
The campaign involves charities, lenders and at least one MP...
Competition continues apace for landlord customers...
Landlord repossessions have increased by 6.8% across England and Wales...
Social housing sub-letting lies at the heart of the problem...
Recommended for you
Latest Features
Larger and corporate landlords can spread the costs of tighter...
There’s been a series of high profile controversies...
The government wants to replace leasehold with commonhold...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.