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LTV: 55% LTV
Rate: 0.37% per month + BBR
Solution: Octane’s loan was to a high-net-worth individual residing outside of the UK and is secured on two prime residential properties in Kensington. The loan provides a substantial capital raise to help fund ongoing investment opportunities. The loan was completed within 4 weeks of the initial enquiry.
LTV: 70% LTV
Rate: 0.39% per month + BBR
Solution: Octane’s loan helped our borrower acquire a large house in Padstow. Our borrower’s plan is to work up planning permission to redevelop the site and, on receipt, will refinance our loan will a development finance facility.
LTV: 60% LTV day one, net of interest, plus 100% of the cost of the remaining build costs, at 60% LTGDV
Rate: 0.42% per month + BBR
Solution: Octane’s loan helped our borrower refinance a part-complete 5-bedroom family home in Brenzett, Kent. Our loan repaid the development lender and provided the funds needed to finish the development.
LTV: 41% LTV
Rate: 0.38% per month + BBR
Solution: Octane’s loan was secured against this unencumbered holiday let. Our funds allowed our borrower to purchase further properties, whilst they waited for this one to sell.
LTV: 65% LTV
Rate: 0.39% per month + BBR
Solution: Octane’s loan was to a Hong Kong national and resident, and helped them acquire a 3-bedroom house in Altrincham. Having been let down by a mainstream lender after contracts had been exchanged, we needed to step in and complete quickly.
Talk to us about progressing your project
0345 222 9009