Finance available: Buy to let mortgages. Commercial mortgages. Property development finance. Short-term to medium term finance.
Access: Octopus Property is a division of Octopus Investments - an intermediary only lender, meaning rates can only be accessed via Mortgages for Business and a few other brokers.
Buy to let mortgages: Its buy to let loans are available with terms from two years to five years. As one of the specialist buy to let lenders, Octopus Property will consider ex-pats, first-time buyers and landlords and lending to SPVs & Trading Ltd Co's.
Commercial mortgages: Commercial mortgages from Octopus Property are available with terms from one month to three years.
Property development finance: Octopus Property will consider lending to fund the development of residential houses or blocks of up to 14 flats. Octopus Property lend on the basis of the gross development value of the project, with the maximum loan to gross development value up to 70% LTV.
Short-term finance: Octopus Property offers both standard short-term bridging loans and extended bridging facilities on both a first and second charge basis. It will lend on residential and commercial properties. It provides finance for the more unusual cases such as lending to SPVs (onshore and offshore), as ex-pats and first time landlords. Octopus Property can be a good lender for landlords with large property portfolios because it doesn’t impose any exposure limits. It is also good for landlords, investors and developers looking to finance renovations, conversions and refurbishment projects. It also offers stretch finance.
To access this lender call The Deal Placement Team on 0345 148 9238 now.
Lenders change their criteria on a regular basis, so this page should be used as a guide only. We will do our best to keep it up to date.
Last updated: 27/10/2016