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A record £80 million lending in November

12 Dec 2017 By octopus property

During November, we originated £80 million of new lending, a record for the business, as we continue to attract both new and existing borrowers to our growing Lifecycle Lending development, residential and commercial product range. 

 Highlights include:

A £31.3 million short-term loan to fund the purchase of a West London office development

A record development deal of more than £20 million for a Brighton residential scheme 

First loans originated with the new Commercial Term product and latest Buy-to-let product

Loans completed across residential, commercial and development product sets

During November, we originated £80 million of new lending, a record for the business, as we continue to attract both new and existing borrowers to our growing Lifecycle Lending development, residential and commercial product range. 

 Highlights include:

A £31.3 million short-term loan to fund the purchase of a West London office development

A record development deal of more than £20 million for a Brighton residential scheme 

First loans originated with the new Commercial Term product and latest Buy-to-let product

Loans completed across residential, commercial and development product sets

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