Mortgage Broker Tools (MBT) has announced the addition of Octane Capital to the buy-to-let (BTL) panel on its MBT Affordability research platform.

The move means that MBT Affordability now features 66 BTL lenders, the largest panel of any affordability platform on the market.

Octane Capital specialises in complex BTL lending with no stress testing, and with loans available on residential and semi-commercial assets, multi-unit freehold blocks, HMOs, property above commercial, ex-local authority homes and holiday lets. It lends to first-time buyers, first-time landlords, borrowers with adverse credit, foreign nationals, expats, professional landlords and limited and offshore companies.

MBT Affordability provides brokers with calculations for how much their clients can borrow from a panel of more than 40 residential lenders on top of the 66 BTL lenders, based on affordability and criteria.

MBT CEO, Tanya Toumadj, said that BTL landlords are “increasingly turning to more complex investments” to achieve greater yields, and suggested the lending landscape is becoming more diverse to meet a changing dynamic.

“Often the most suitable solution for a client isn’t from one of the top lenders, but sourced from one of the many alternative providers,” Toumadj commented. “This is why it’s so important to carry out research amongst a broad spectrum of lenders and it’s why we have worked so hard to ensure that MBT Affordability has the most comprehensive panel available in the market.”

Octane Capital managing director, Mark Posniak, added: “We understand that leverage is an important consideration for BTL investors and we have the experience and expertise to underwrite a complex range of circumstances.

“We often provide the most suitable solution for a client due to our products requiring no stress testing and by integrating with MBT Affordability there is now an easy way for brokers to see how our proposition stacks up against the competition.”

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