Refinance ready, just in time!

Refinance ready, just in time! FACILITY £1,867,000 LOAN TERM 9 months LTV 63% Situation Our client had recently built a detached, luxury home in Wimbledon, London having purchased the land (with planning) in 2018 for £1.86m. The borrower undertook the project using a development loan, which naturally had a specified time-limit. The property is located […]

Simplifying Development Exit Finance

Simplifying Development Exit Finance In this article for Business MoneyFacts, Hope Capital explains what development exit finance has to offer and why it has grown so much in popularity following the dual impact of Brexit and Covid-19 on the property market. What is development exit finance? Simply put, development exit finance is a short-term loan, […]

Hope Capital launches new development exit finance product

Hope Capital launches new development exit finance product Specialist short-term lender, Hope Capital, has launched a brand-new product for residential development exit, offering up to 80% LTV. This development exit finance product enables borrowers who are in a position where their completed residential development is prepared for sale, to switch to a short-term, lower-cost funding […]