Octopus Real Estate has agreed its largest-ever residential refinancing deal to cover a scheme of 106 privately rented units. The 28.4m facility refinances an existing development loan on the scheme in Ilford, East London. The project to refurbish a former office building is scheduled to complete.
Octopus Real Estate has raised the maximum LTV on its unregulated residential bridging product to 75% following a record month of lending. The enhanced product will be available for loans between 100,000 and 500,000, with a rate of 0.6% per month. It has been designed to help clients who need.
During May, 37 new loans were originated across Octopus Real Estate’s residential, commercial and development lending products. notable deals included a 10m acquisition loan to Strawberry Star Group for a retail-to-residential scheme in Harlow, Essex and a record 28.4m refinancing facility for a 106-unit private rented sector scheme in.
Octopus Property has hired Emma Ryan as head of servicing and legal. Ryan joins from Amicus where she spent over six years as head of redemptions and in-house counsel. octopus property chief executive mario berti says: "With our continued investment in our team and our product development, this appointment could not be more timely and [.]
5 Reasons to Refinance Your Mortgage Your option is to refinance so that the new loan is in either in your name or the name of the individual who is taking on the property. The best place to start when modifying the details of your mortgage, is to speak to your Aussie Broker who can help you through the process.
Octopus refinances ‘largest ever’ development scheme for 28.4m – Mortgage Solutions Real Estate Mortgage Refinance Demand Skyrockets 47 Percent as Mortgage Rates Slide | McDevitt Law Real Estate Attorney Department of Labor & Workforce Development – New Jersey – The State of NJ site may contain optional links, information, services and/or content from other websites operated by third.
Octopus Investments has expanded the 484m solar portfolio refinancing it closed earlier this year, further expanding the biggest deal of its kind in the European solar sector. An additional 100MW of solar assets have been brought into the portfolio with the financing increasing by 80m taking the total facility size to 564m.
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Finance available: Buy to let mortgages. Commercial mortgages. Property development finance. Short-term to medium term finance. Access: Octopus Property is a division of Octopus Investments – an intermediary only lender, meaning rates can only be accessed via Mortgages for Business and a few other brokers.
FP Octopus UK Micro cap growth fund Our Smaller Companies team invests in some of the UK’s most promising growth companies. remember, the shares of smaller companies could fall or rise in value more than other shares listed on the main market of the London Stock Exchange.