Octopus Real Estate opens first regional office in Manchester

By Bridging Loan Directory 15th October 2019

Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate investor, has announced the opening of a new office in Manchester. This is the first time Octopus Real Estate has opened an office outside of London.

From initial enquiry, through to credit and underwriting, the Manchester office, based in Spinningfields, will process deals end-to-end. A senior team, including a credit manager, will be moving from the London office, ensuring the seamless customer service that Octopus Real Estate has become known for. Complementing the existing team are a team of new people with experience in the Northern market and region.

The lending criteria in the North will be tailored to the region and Octopus Real Estate will now consider loans from just £75,000.

Manchester has good transport links, has emerged as the second city and will provide a great hub to serve brokers in the region through dedicated External Business Development Managers.

Chris Timms, pictured, Head of Sales for the North, at Octopus Real Estate, said:

“Having worked closely with our loyal broker network in the North for several years we have listened to what they want from a lender. We have responded by opening an office in Manchester to fully support them. This has been something we have wanted to do for several years and it’s exciting that our doors are now officially open.

“Both the commercial and residential property markets are moving quickly in the North, and opportunities continue to arise making investment an attractive choice. We will always have an open-door policy for our broker community. So please do get in touch to come and see us!”