Octane Capital partners with Twenty7Tec

#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.”