The new calculator, which requires zero stress-testing, will ‘turbo charge’ the already streamlined buy-to-let process being offered by the third generation lender.

Indeed, Octane recently condensed the application process for its new buy-to-let range to just two pages, and the calculator adds further value by identifying the correct product (or ‘wave’) for prospective borrowers in as little as a minute.

At the end of the calculation, introducers can easily download the proposed product and loan structure, which includes key information such as nominal (pay) rate, monthly payment, maximum LTV and ERC structure.

Mark Posniak, managing director of Octane Capital, said: “We’ve invested heavily in tech during 2020 and our new B2L calculator, spearheaded by Oli Greenspan, our head of marketing and internal sales, has further collapsed time to completion.

“It’s ultra-intuitive, quick to use and gives introducers a huge amount of downloadable information that they can subsequently refer to when completing their formal application.

“It ties in perfectly with our strategy of making the sales process frictionless and getting deals across the line faster than ever, often in half the time it traditionally takes.”

Octane said it would continue to roll out its buy-to-let proposition to brokers around the UK in a way which ensured service levels remained as high as possible. Those keen to join the Octane buy-to-let waiting list should sign up here.