The Hope 80 product offers a highly competitive rate of 0.80% per month and up to 60% LTV on non-regulated mixed-use property with a loan up to £800,000.

 

The Hope 84 bridging loan for mixed-use property has a rate of 0.84% per month and up to 65% LTV on non-regulated residential property with a loan up to £575,000.

 

Designed for mixed-use properties, the minimum loan amount for both products is £150,000.

 

Borrowers can use the Eighties Collection bridging loans for property purchases in a range of situations from a straightforward purchase, buying at auction, with or without a light refurbishment or to chain-break a mortgage. Additionally, the loan can be used to refinance existing debt and give the borrower time to put in place a longer term finance solution.

"We have significant experience handling cases for semi-commercial property, which is paramount for brokers and their clients, who are looking to find a lender who can meet their needs.

We believe it is essential to place a real focus on offering new innovative products which which we believe this new collection does."

Sinead Moynihan, Sales Director at Hope Capital

The Eighties Collection can be used alongside elements of the Custom Collection which comprises six different products, features and options. By picking the options and features that best suit the client’s circumstances and needs, brokers are able to offer their clients a loan that is truly customised. Full details on the Custom Collection can be found here.

 

The new Collection is available throughout England and Wales on a first-charge basis, for loan periods from six to 12 months. The loan is available to individuals, companies and other legal entities.

 

As with all Hope Capital loans it is only available for non-regulated purchases, so it can be used for a property that will be refurbished or let out, but not for family members to live in.

Julia Wentworth

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