Octane partners with mortgage tech platform

Published on

Octane Capital has teamed up with the mortgage platform provider, Twenty7Tec.

Intermediaries can now access Octane’s medium-term buy-to-let products and short-term bridging solutions via Twenty7Tec’s 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 (pictured), 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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

Precise cuts residential mortgage rates by up to 35bps

Precise has reduced rates across its residential mortgage range by up to 35bps. The specialist...

Latest publication

Other news

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...