Octane Capital provide a range of different funding solutions. Octane have “no products” which they say “empowers us to effortlessly navigate and structure loans – and overcome obstacles that stop traditional lenders in their tracks.
Octane Capital Bridging Finance – Key product features
- Interest charged with a one month minimum
- Interest can be retained or serviced, subject to affordability
- Adverse credit to be considered case by case
- No exit fees
Octane Capital will provide bridging solutions for the following scenarios:
- Acquisition finance
- First time landlords
- Foreign nationals
- Complex borrowers and properties
- Vacant properties
- Change of use
- Adverse credit
Typical Criteria
- Loans from £150k up to £25m
- 75% max LTV (65% commercial)
- Flexible on term
- Flexible interest options
- No exit penalties
Acceptable Security
- All types of residential property
- Semi-commercial property
- Commercial property
- Blocks of flats
- HMOs
- Student lets
Octane Capital provide a variety of Buy To Let Finance solutions with loan to values (LTVs) of up to 70%.
Octane Capital – Buy To Let Key product features
- Loans from £150k up to £25m
- 70% max LTV
- 2/3 year term
- Flexible interest options
- Rental cover only 100%
Octane Capital provide Buy To Let Finance solutions for a range of different types of properties including:
- All types of residential property
- Semi-commercial property
- Blocks of flats
- HMOs
-
Student Lets
These solutions are available to a variety of borrowers including:
- First time landlords
- Foreign nationals
- New builds
- Portfolio refinances
- Adverse credit
- Low yielding properties
Octane Capital provide a refurbishment solution for developers:
Octane Capital Refurbishment Finance – Key product features:
- Up to 75% max LTV
- Up to 100% funding of refurbishment costs
- Flexible on term
- Maximum 75% LTGDV
Octane Capital offer refurbishment finance for the following scenarios:
- Permitted development schemes
- Conversion of houses into flats
- Conversion of flats to single dwelling
- Full refurbishment of derelict property
- Extensions to existing security
- Change of use
Octane Capital offer refurbishment finance for the following properties:
- All types of residential security
- Semi-commercial properties
- Blocks of flats
- HMOs
- Student lets
- Offices with permitted development
- Commercial assets with residential planning permission
Octane Capital provide a development exit solution for developers:
Octane Capital Development Exit Finance – Key product features:
- Loans from £150k up to £25m
- Up to 75% max LTV
- Flexible on term
- Bespoke structuring including cashflow sales
- Rolled up interest added to the loan
- Multiple pricing options
Octane Capital offer refurbishment finance for the following scenarios:
- Completed multi-unit schemes
- Schemes nearing PC
- Providing equity release for developers on day 1 and on sales
- Taking risk on sales to post PC
- Bridge to let for developers retaining properties
Octane Capital offer development exit finance solution for the following types of properties:
- Multi-unit residential schemes
- Semi-commercial schemes
- Completed permitted development schemes
- No max unit value
- Will take commercial views on availability of warranties
- Pre or post marketing launch
- All types of residential security
- Semi-commercial properties