The flexible payment options are available solely on serviced or part-serviced loans with minimum loan terms applying. There is a minimum 3-month term for borrowers who wish to pay the full 2% fee upfront and for the deferred fee options, the term of the loan must be for a minimum of 6 months.
Reduced valuation fees and no upfront solicitors’ undertakings are available across both serviced and interest retained loans upon receipt of the application.
Brokers will continue to receive their procuration fee on completion, irrespective of whether the borrower chooses to pay upfront or defer the payment.
These new fee options are part of the Hope Capital Custom Collection which comprises six different product’s, features and options, all of which are designed to give the most suitable solution for the borrower. By providing brokers with a collection of products, they’re able to offer their clients a loan that is truly customised to meet their needs. Full details on the Custom Collection can be found here.
Hope Capital will lend both to individuals and companies on a first charge basis.
What you can be sure of is that our specialist team will be quick, with terms aimed to be offered within 1 hour, while our fees, charges and underwriting will be completely transparent.
To find out more please contact us on 0345 494 0708 and our team of experts will aim to get back to you within the hour to discuss it.