Zaprzala (pictured left) will be responsible for all residential lending across the specialist real estate investor’s business.
His focus will be on improving customer service while creating innovative residential lending products. He will also be responsible for building the sales team and continuing to harness long term relationships with introducers.
Currently, the residential lending business provides residential bridging loans, bridge-to-let loans, refurbishment loans and buy-to-let mortgages.
Zaprzala has been working in property for nearly 20 years and joined Octopus in 2011. His most recent role at Octopus Real Estate was head of sales, a position he held for four years.
Alongside Zaprzala, Dan Murray (pictured right) has been promoted to head of sales.
Murray will be responsible for running a team of business development managers, supporting borrowers in the residential, commercial and development lending sectors across the UK.
He has been head of London sales for the past two years and has extensive experience in property and sales, both at Octopus Real Estate and in previous roles.
Benjamin Davis, CEO of Octopus Real Estate, said: “D’mitri has already made a huge contribution to our business particularly having led our successful Octopus Real Estate sales team over the last few years.
“Residential lending is an important part of our business and the newly created role acknowledges our commitment to this sector.”
Zaprzala added: “Having witnessed the evolution of Octopus Real Estate over the last decade I am looking forward to both the challenges, and opportunities of leading to the residential part of the business.”
Earlier this week, Octopus Real Estate opened an office in Manchester, its first outside of London.
The lending criteria in the North will be tailored to the region and the company will consider loans from £75,000.
Chris Timms, 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.