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, […]
10 things I have learnt throughout the Covid-19 pandemic
10 things I have learnt throughout the Covid-19 pandemic As we reach the midway point of 2021, our CEO, Jonathan Sealey, reflects on what he has learnt and how Hope Capital faced the challenge of Covid-19 and weathered the storm. There is no doubt the pandemic has changed the patterns of daily and work […]
Bridging the gap to enable a buy-to-let mortgage
Bridging the gap to enable a buy-to-let mortgage In an article produced for FIBA’s Advantage magazine, we discuss how a bridging loan can be an enabler for a long-term Buy-To-Let mortgage. A bridging loan is a type of short-term finance, which enables a borrower to access cash extremely quickly. Given the short-term nature of […]
Why a bridging loan may be the best solution for borrowers
Why a bridging loan may be the best solution for borrowers There are many reasons why people choose to take out a bridging loan. Bridging loans solve problems for buyers because they offer many advantages, with one of the main features being the speed of application and receiving funds. For most people looking to access […]
The importance of good stakeholder relationships
The importance of good stakeholder relationships When looking at a new bridging finance case, it’s important to make quick decisions, but it’s also important that they are the right decisions. Although time is of the essence for most borrowers, lenders also need to look at any factors that might cause problems further down the line. […]
When to re-bridge
When to re-bridge Re-bridging often gets a bad press. However re-bridging can be a sensible thing to do in the right circumstances with the right lender. In an ideal world, every borrower will have a secure exit route and will pay their lender back on time, but as we all know we don’t live in […]
How a bridging loan can help repair a broken chain
How a bridging loan can help repair a broken chain In many cases, borrowers looking to buy a new property will also be looking to sell one in order to finance the subsequent purchase. Life is not often neat in this respect and the two processes cannot be relied upon to proceed smoothly hand in […]
One to one with Laura Carr, Head of Underwriting
One to one with Laura Carr, Head of Underwriting In an interview with Mortgage Strategy, Laura talks about relishing fresh challenges every day, stepping into the unknown after 15 years at the same firm, and 6am gym sessions. The bridging sector appears to have taken on much more importance in recent times. Do you agree […]
How to avoid things going wrong
How to avoid things going wrong FIBA have been talking a lot about bridging default rates in the past couple of months. These are a higher interest rate charged to borrowers who don’t pay their loan back on time. But there are ways of minimising both the amounts paid and the numbers of borrowers paying […]
The evolution of bridging
The evolution of bridging The bridging market now bears little resemblance to that of ten years ago. In a recent survey by EY Financial Services Corporate Finance team, 79% of lenders surveyed believe the market size to be more than £3billion with 29% estimating it to be over £5billion. The actual size of the […]