Octopus Real Estate has opened a its first regional office in Spinningfields, Manchester.
The office will process deals end-to-end with a senior team, including a credit manager, moving from the London office.
The team will also be supplemented with new members with experience in the Northern market and region.
Chris Timms, head of sales for the North at Octopus Real Estate, said: “Having worked closely with our loyal broker network in the North for several years we have listened to what they want from a lender. We have responded by opening an office in Manchester to fully support them.
“This has been something we have wanted to do for several years and it’s exciting that our doors are now officially open.
“Both the commercial and residential property markets are moving quickly in the North, and opportunities continue to arise making investment an attractive choice. We will always have an open-door policy for our broker community.”
Criteria in the office will be tailored to the region and Octopus Real Estate will now consider loans from just £75,000.