Brokers will be able to access West One Loans either through Connect’s specialist mortgage network or packager.
Despite what you read and hear this is most certainly NOT Armageddon for the economy, markets, brokers and lenders.
Bailey was at the company for two decades.
The lender provides short-term finance for residential and commercial borrowers, and specialises in development and structured finance in both regulated and unregulated markets.
Vizor will work with the intermediary market to build business across Clever’s first and second charge mortgages as well as commercial and bridging.
Edwards is joining as a key account manager and Cave as a business development manager covering South London and the South East.
Pure Funding Solutions’ owners Daniel Churchill and Craig Hardiman-Scott have worked with Octane’s founders for years.
The loan was at 70% loan-to-value (LTV) and was for a complex HMO refinance in north London.
Octane has joined both Connect’s mortgage network and the panel of its packaging arm.
The bridging lender’s max LTV has been increased from 70% and it will now lend against a 180 day valuation (the value of the property if it had to be sold in that time).