Complex

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Octane Capital hires new credit manager from Octopus

Bridging lender Octane Capital has announced that Graham Macaulay has started in his new role as senior credit manager. Macaulay is the latest recruit to join the firm from Octopus Property, where he worked in a similar role. Macaulay will report to Matt Smith, Octane Capital’s director of credit, and another former Octopus employee. Octane […]

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Secure Trust Bank added to Complete FS lending panel

Secure Trust Bank has added mortgage packager Complete FS to its partner network. The bank said this would help customers with more complex incomes access appropriate lending products. Complete FS offers a range of mortgage products, including complex prime, near prime and buy-to-let as well as secured loans and bridging finance. The partnership will give […]

Mortgage prisoners: does more need to be done?

More needs to be done to help mortgage prisoners stranded on higher-rate products. The FCA and lenders need to create more products to help those trapped in complex mortgages, say commentators. While first-time buyers and remortgagers are taking advantage of rock-bottom rates on mortgage products, those with more complex needs are underserved by the market. […]