Buy to Let Club has added The Family Building Society and bridging lender Octane Capital to its panel.
Brokers who are members of the club can now also access packaged deals from Kent Reliance.
Family Building Society is particularly known for its offset deals which allow borrowers to sacrifice interest on their savings in order to lower their mortgage payments.
Octane Capital is a bridging lender which doesn’t have a product list of off-the-shelf loans, but rather tailors its deals to individual borrowers.
Buy to Let Club managing director Ying Tan says: “The Family Building Society brings a great selection of products that focus on making the most of an individual’s circumstances, in particular its offset mortgage options and family mortgage product which enables families to support buyers in purchasing a property.
“Octane Capital is a productless lender whose innovative approach makes them a really exciting addition. I believe that their bespoke approach to lending will make their proposition of great interest to our members.”
Both new lenders are available through Buy to Let Club as a packaged option, with The Family Building Society also available for members to access directly.
Tan adds: “We are one of just seven packagers for Kent Reliance (part of OneSavings Bank) and the only one which is a Club route as well. This means that we are ideally positioned to give our members support exactly where they need it.”
OneSavings Bank sales director Adrian Moloney says: “The new packaging facility available to Buy to Let Club members is testimony to the strength of the relationship we have both worked very hard at achieving over the last few years.
“This option is crucial in supporting brokers by giving them access to specialist products to help them face the challenges of a professionalising market.”