As you may know, you have access to Octane’s BTL range (the products are not available to the whole of the market).
Last week we completed our first case for a Connect AR – a foreign national BTL case which we completed in two weeks! With lots more in the pipeline it’s clear we are gaining lots of momentum.
We have recently made some changes to the product range which we hope you will like.
I’ve attached our Product Guide and an outline of the product’s key features is outlined below
Octane BTL Overview:
- 2% proc fees paid on all cases.
- We now have 5 separate BTL products to cater for a range of complexity.
- Rates start at 4.99%, with 1% deferred, giving a pay rate of 3.99% per year.
- No stress testing – we only need 100% rental cover at the pay rate.
- Up to 75% LTV.
- 5 year terms, with no ERCs in the final 2 years.
Our BTL range is designed to help with non-mainstream cases.
Borrower profiles catered for:
- Foreign nationals and expats
- First time buyers & first time landlords
- Adverse credit
- Off-shore companies & trusts
- Individuals with low income / no income
Property scenarios catered for:
- Residential above commercial
- Small and large HMOs
- Small and large MUFBs
- Holiday lets
If you have any cases that you would like to discuss please do let me know.
Business Development Manager
T : 0345 222 9009
M : 07741 591922