Octane Capital joins MCI Mortgage Club panel

‘Product-less’ #3rdgen lender, Octane Capital, has announced it has joined the MCI Mortgage Club panel.

With immediate effect, MCI Mortgage Club’s members will have instant access to #3rdGen bridging, buy-to-let, refurbishment and developer exit loans up to 70% LTV.

The MCI Mortgage Club, based in Bristol, currently has 36 lenders on its panel and offers a range of products and services including highly competitive procuration fees paid on the day of receipt to its 750 individual intermediary members.

The club was set up in October 2014 as a subsidiary company to the eKeeper Group, which provides a CRM system to intermediaries and corporate customers.

Phil Whitehouse, head of MCI Mortgage Club, commented: “I’ve known Mark Posniak for many years and am thrilled to welcome him and Octane Capital onto our panel. With their ‘product-less’ approach to lending, they offer something completely unique in the market and I have no doubt they will appeal to our members looking for bespoke finance solutions. The specialist lending market is gaining momentum by the day as client circumstances become more complex and the way Octane works off a blank canvas is perfectly suited to that kind of environment.”

Mark Posniak, managing director, Octane Capital, added: “We’re delighted to have joined the MCI Mortgage Club panel and plan to do our utmost to help its members and their clients enjoy the benefits of our tailored lending solutions. It’s not only a highly respected club but is growing all the time and so this is a great opportunity to spread the #3rdgen lending message even more widely.”