Chat to a team member

Blog

#3rdGen wave growing rapidly as we enter 2019

Mark Posniak Mark Posniak
Posted on Dec 17, 2018 | in Blog

Only another week or so and many of you will be pulling the shutters down for a well-deserved Christmas break.

I know from speaking to brokers throughout the year that many of you have been flat out pretty much all of 2018, so some downtime will be no bad thing. 

We’ve certainly been flat out here at Octane. This morning, I found a rare spare 5 minutes to jot down some of the key numbers from 2018 and here they are:

  • Zero products
  • £300m+ loan completions
  • 314 loans completed (as of 13th Dec)
  • 69 founder brokers
  • 23 staff
  • 4 office moves (we keep hiring too fast)
  • 1 £30m RECORD month
  • 2 Award wins
  • 9 Award nominations
  • 3 football injuries and 9 fouls (Matt Smith) at the Octane Capital Cup

Oh, and there’s one other number that stood out. As far as I’m aware, we’re still the only #3rdgen ‘product-less’ lender in the UK — and the wave we’re riding continues to grow rapidly. 

Anyway, with no-confidence votes, MPs sharpening their knives and negotiations with the EU in disarray, you get the feeling 2019 is going to be a bit of a frantic one.

In fact, there’s every chance it could be 2009 all over again in terms of the sheer political and economic uncertainty.

With that in mind, I hope you all get the chance to relax and genuinely recharge those batteries with a few old Bond movies and other endless repeats.

We should all be bracing ourselves for another big - and almost certainly highly eventful - year.  And remember: while it may be uncertain, there will also be endless opportunities as a result. 

More in this section

Property market sentiment smashed to smithereens

Jan 07, 2019 | Blog

In December I wrote that 2019 has shades of 2009 about it. Now…

Jonathan Samuels
Jonathan
READ MORE

Brace yourselves! 2019 could be 2009 all over again

Dec 07, 2018 | Blog

And so the end of another year approaches, as ever surprising…

Jonathan Samuels
Jonathan
READ MORE

The Silly (and Serious) Season is almost upon us

Nov 23, 2018 | Blog

These days, there’s something terrifying about the protracted…

Mark Posniak
Mark
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

3 months, 1 week ago
Octane Capital hires senior structured finance manager https://t.co/KN8eQ1fOSl via @MortgageChat

6 months, 3 weeks ago
RT @adaptfinance: Frank keeping an eye on the matchballs #OctaneCapitalCup A great day out for us and for Frank... https://t.co/wuNTCpe1Rp

6 months, 3 weeks ago
RT @CapitalB18: whilst the Bridging Broker market play football this afternoon #octanecapitalcup we are open for any of those deals… https://t.co/FjU7nIcdqg

7 months, 1 week ago
@TandonHild Delighted although not that pleased with our teams selected #Rigged