The transaction comprised a £465m loan portfolio and was funded by Aldermore’s existing cash resources. The lender said this acquisition would strengthen its specialist lending proposition in growing markets, helping it to fulfil its strategy and value creation targets.
In its half-year results for the six months ending 31 December 2025, Aldermore reported a 2% rise in lending balances to £17.6bn, driven by its specialist buy-to-let (BTL) business and improvements to its residential affordability criteria.
Its profit before tax totalled £102.8m, compared to £119.4m during the equivalent period a year earlier.
Last year, Octane Capital passed the £2bn lending milestone, eight years after its launch in 2017, and CEO Jonathan Samuels set a five-year target for the lender to double its loan book.
Ross Dalzell (pictured), managing director of property at Aldermore, said: “We are acquiring a high-quality loan portfolio and associated capabilities. This will enable the group to further grow its client base by offering specialist bridging finance capabilities.
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“The strength of Aldermore’s balance sheet will allow the group to access higher-quality and better-margin opportunities within this niche sector, delivering attractive risk-adjusted returns.”
