Member firms get access to the full range of lending solutions offered by the lender
Paradigm Mortgage Services has announced the addition of Octopus Real Estate to its lending panel.
Paradigm member firms will now have access to the full range of lending solutions offered by October Real Estate, covering residential, buy-to-let, commercial, and development funding.
They will also be able to access a range of resources via the Octopus Real Estate website including lending documentation, loan enquiries, and policy documents. Octopus Real Estate provides residential and commercial bridging loans, pre-approved auction loans, commercial term loans and buy-to-let mortgages, including specialist products for short-term lets, first-time buyers, and foreign nationals. It also offers development finance products, including its Greener Homes Alliance formed with Homes England, providing SME housebuilders with loan finance and expert support to build energy-efficient properties.
“There continues to be strong demand and need for advice in the property development marketplace and providing our firms with access to quality lenders for these clients is a major focus for Paradigm,” Richard Howes, director of mortgages at Paradigm Mortgage Services, commented.
“We’re therefore very pleased to be bringing Octopus Real Estate on to our lending panel, given its experience in this market and the wide range of funding solutions it deploys, whether bridging, buy-to-let, commercial or development. We’re looking forward to working with the team at Octopus Real Estate to introduce its proposition to our members and to grow their lending footprint with our firms.”
Steve Matthews, head of residential lending at Octopus Real Estate, said they were pleased to announce the new partnership with Paradigm, with their full range of products going live to its member firms.
“We are looking forward to working closely with the team at Paradigm to add value to our adviser partners and their businesses,” Matthews stated. “Paradigm’s Mortgage Club provides a friendly, supportive community that we know will really work in partnership with Octopus. Paradigm is on the ball with industry news and developments, providing ongoing training and support, access to CPD events, and regular market commentary.”
Matthews pointed out that an increasing number of borrowers continue to turn to specialist lenders, so it’s vital advisers have instant access to specialist products.
“Our new relationship furthers our commitment to making the lending process as pain-free as possible for advisers and their clients,” he said.
