Hope lends 70 against valuation to secure surrey investment-property
Hope lends 70% against valuation to secure Surrey investment property FACILITY £3,433,000 LOAN TERM 6 months LTV 70% Situation The property in question was in receivership, and our investment client was looking for a quick turnaround by purchasing from the official receiver at undervalue for £3.379m against a valuation of £4.9m. He needed to complete […]
Fast bridge delivered to secure sale of desirable property
Fast bridge delivered to secure sale of desirable property FACILITY £86,619 LOAN TERM 12 months LTV 66% Situation In this scenario, the client was looking to purchase a two-bed semi-detached property in South Wales. The seller was already in a chain , meaning they were looking to sell the property as soon as possible. As […]
Completed. Revamped. Sold! Bridging loan secured to enable quick return on investment
Completed. Revamped. Sold! Bridging loan secured to enable quick return on investment FACILITY £116,293 LOAN TERM 6 months LTV 70% Situation The client was looking for a bridging loan to help purchase a residential property based in Nottingham and to fund the improvements required to bring it to the market for sale. Although the property […]
The outcome of outstanding relationships with broker, quantity surveyor and solicitor
The outcome of outstanding relationships with broker, quantity surveyor and solicitor FACILITY £1,665,544 LOAN TERM 12 months LTV 41% Situation At times, we are presented with cases which are tricky and require support from multiple parties to ensure we can achieve the outcome the client is looking for. This particular case was a heavy refurbishment […]
Heavy refurb plus complex ownership structure made simple
Heavy refurb plus complex ownership structure made simple FACILITY £1,980,000 LOAN TERM 12 months LTV 60% Situation From the outset we knew this would be a complex case, but that’s what we do best, so didn’t shy away. A relatively small old office building was the asset that the borrower planned to refurb in order […]
Tight timings and poor credit for a ‘straightforward’ residential purchase
Tight timings and poor credit for a ‘straightforward’ residential purchase FACILITY £902,500 LOAN TERM 12 months LTV 65% Situation On the surface this was a very straightforward purchase. A large residential property that the borrower planned to turn into an HMO after a small amount of refurbishment. As is so often the case, the borrower […]
Having a UK non-resident get their refinance underway
Having a UK non-resident get their refinance underway FACILITY £420,000 LOAN TERM 12 months LTV 75% Situation Many of the solutions we use to help clients achieve their goals are really just common sense – looking at the situation with clear eyes and communicating effectively with everyone involved. In this instance the client’s challenge was […]
Refurbishment loans: maximising investment opportunities in 2022
Refurbishment loans: maximising investment opportunities in 2022 In an article produced for Mortgage Introducer, we discuss how the high demand for loans which enable refurbishment projects will continue into 2022. What will 2022 bring? That’s the question on everyone’s lips at the moment. Reflecting on all that happened in 2021, it most certainly wasn’t the […]
Renovate your views on bridging loans for refurbishment
Add Your Heading Text Here In an article produced for FIBA Advantage Magazine, we discuss how investors and developers can use bridging finance to undertake light to heavy refurbishment projects. Bridging finance can be used by property investors, developers and businesses in a wide range of situations. At Hope Capital, we are a specialist provider […]
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, […]