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 […]
Hope Capital strengthens team with multiple promotions and hires
Hope Capital strengthens team with multiple promotions and hires Hope Capital has announced it has propelled its growth strategy, with a 40% increase in staff since the same period last year, following a series of new hires and promotions. The lender recently reported that the first half of 2023 was its most successful period to […]
Hope Capital records best ever period in business
Hope Capital records best ever period in business Hope Capital has today announced that the first half of 2023-24 was its most successful period to date, with a series of impressive records reported. During the six months, year on year enquiries increased by 86%, applications were up by 101% and completions grew by 106%, compared […]
80% LTV for medium & heavy refurbishment projects now available at Hope Capital
80% LTV for medium & heavy refurbishment projects now available at Hope Capital Specialist short-term lender, Hope Capital has announced it has rejuvenated its residential refurbishment offering by now providing up to 80% LTV to its brokers and borrowers. This brand-new offer enables borrowers to now receive c15% more funding on their Day 1 borrowings, […]
Hope Capital thanked for backing local football team
Hope Capital thanked for backing local football team Liverpool-based bridging lender, Hope Capital are honouring their roots in the local community as they announce sponsorship of local football program, Sefton Schoolgirls. The lender has agreed to sponsor the new kit to commemorate their upcoming games, which will be instrumental in supporting the team, especially as […]