Mortgage Broker Tools adds Octane Capital to BTL affordability panel | Mortgage Strategy

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Mortgage Broker Tools has added Octane Capital to its buy-to-let MBT Affordability research platform panel.

The lender says it specialises in complex BTL loans with no stress testing on residential and semi-commercial assets, multi-unit freehold blocks, houses in multiple occupation, property above commercial, ex-local authority homes and holiday lets.

Its deals are available to first-time buyers, first-time landlords, borrowers with adverse credit, foreign nationals, expats, professional landlords and limited and offshore companies.

Mortgage Broker Tools says that the addition of Octane Capital brings the number of BTL lenders on its affordability platform to 66.

Mortgage Broker Tools chief executive Tanya Toumadj says: “Buy to Let landlords are increasingly turning to more complex investments to achieve greater yields and the lending landscape is becoming more diverse to meet this changing dynamic.

“Often the most suitable solution for a client isn’t from one of the top lenders, but sourced from one of the many alternative providers.

“This is why it’s so important to carry out research amongst a broad spectrum of lenders and it’s why we have worked so hard to ensure that MBT Affordability has the most comprehensive panel available in the market.”

Octane Capital managing director Mark Posniak adds: “At Octane Capital, we understand that leverage is an important consideration for Buy to Let investors and we have the experience and expertise to underwrite a complex range of circumstances.

“We often provide the most suitable solution for a client due to our products requiring no stress testing and by integrating with MBT Affordability there is now an easy way for brokers to see how our proposition stacks up against the competition.”


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