Intermediaries will now be able to access the specialist lender’s BTL and bridging products via Twenty7tec’s SOURCE module.

“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,” said Mark Posniak, managing director at Octane Capital (pictured above).

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“As a lender with no products for our short-term lending proposition, creating products specifically for this sourcing system was a fun challenge. 

“[We] feel that our BTL 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 BTL clients.”

Nathan Reilly, head of lender relationships at 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.” 

Earlier this week, Octane was named one of the first 12 lenders on the panel of the new SimplyBiz Mortgages Specialist Property Finance Club. 

In January, Octane widened its BTL product distribution, so that all brokers can now access the full range of its Wave 3 to Wave 5 products and larger loans of £500,000 or more within its premium Wave 1 and Wave 2 offering.

As reported in Bridging & Commercial Magazine, Octane’s BTL product requires zero stress-testing.