Active in the market since 2005, Octopus Real Estate has over £2.7 billion under management. Their background in property lending and health and care investment reflects the wide-ranging expertise within their team.
For over a decade, their lending specialists have been providing bespoke, customer-focused lending solutions across the residential, commercial and development sectors.
Residential Bridging
- Flexibility on security types
- Confident in lending to Foreign nationals and Ex-Pats
- Adverse can be considered
- Completion time from 2-4 weeks
- Minimum Loan size: £50k
- Arrangement Fee: 2%
- Proc Fee: 1.5%
- Interest Rates: 0.69% pm
- Exit Fee: 0%
- Minimum Term: 1 Month
- Maximum Term: 12 Months
- Maximum LTV: 70%
Refurbishment
- Available to first timers through to experienced renovators
- Can fund any refurbishment project where the existing structure will remain in place and can accommodate a broad level of work being completed i.e. light / medium / heavy
- Examples include a house conversion into flats, a commercial asset converted into residential, a full internal rework of a house requiring full renovation, single-storey extensions and loft conversions
- One off £995 fee for Asset manager visits, rather than continual fees for a QS
- Perfect for auction purchases, we can meet the tight completion timeframes
- Build costs: £25k-£1m
- Minimum Loan Size: £200k
- Arrangement Fee: 2%
- Interest Rate: 0.75% net
- Exit fee: 0%
- Day 1 LTV: 70% net
- LTC: 85%
- LTGDV: 65%
To discuss Octopus Property call our sales team on 01403 272625 (option 2) or email us at sales.team@impactsf.co.uk To discuss Bridging and Commercial call on 01403 272625 (option 4) or email us at impactcommercial@impactpackaging.co.uk
