Bridging

Octopus Property completes another loan with RHL

12th September 2017 0

Octopus Property has completed a £5.76m bridging loan on a converted church and nine self-contained residential units with specialist distributor RHL. The freehold property comprises of a grade II listed Victorian church converted to include […]

Latest News

Octopus Property appoints two fund managers

11th September 2017 0

Octopus Property has appointed Nick Westoby and James Nunn as fund managers within its commercial team. Nick and James will be responsible for supporting the growth of Octopus Property’s commercial lending portfolio, managing both institutional […]

News

Octopus Choice launches Innovative Finance ISA

9th August 2017 0

Octopus Choice, the peer-to-peer lending product, launched its Innovative Finance ISA (IFISA). The Octopus Choice ISA allows investors to target a variable interest rate of around 4% per year, tax-free, on investments within their annual […]

Development Finance

Octopus Property provides £15m facility

11th July 2017 0

Octopus Property has provided a £15.1m senior debt facility to Bellis Homes. The facility was for the development of 19 one, two and three bed residential units and 11,000 sq ft of retail space in […]

Development Finance

Octopus Property cuts refurb rates

6th March 2017 0

Octopus Property has reduced refurbishment product rates. Borrowers now have the choice of a product with a 0.8% interest rate per month with no exit fee or a 7% rate per year with a 2% […]

Bridging

Octopus cuts bridging rates

6th February 2017 0

Octopus Property has reduced its bridging rates – which now start from 0.60% per month to 50% loan-to-value. The specialist lender pledged to make improvements across its entire suite this year to buy-to-let, commercial, refurb […]

Bridging

Posniak and Smith exit Octopus

17th November 2016 0

Octopus Property managing director Mark Posniak and director of risk and recoveries Matt Smith are set to leave the business. Posniak and Smith both joined the firm in 2009 and were members of the original four man […]