Through Hope Capital’s Refurbishment Range, borrowers can easily see which product best suits their project and their financial needs. Each of the three different products provides a different solution tailored to the level of refurbishment the borrower plans to undertake.

 

Refresh:

The Refresh product provides the highest LTV at 75% on non-regulated residential property, with loans available up to £1.5m.

It also provides a very competitive rate from only 0.84% with no exit fee. The Refresh product is available for a loan period between 6 – 12 months, which is a suitable timeframe to undertake light refurbishment works.

 

Renew:

The Renew product provides borrowers with the option of a fantastic discounted rate, starting from just 0.69% and up to 70% LTV for loans on residential properties up to £3m. Hope Capital’s Renew loan is available for a period between 6 -18 months and is suited for medium refurbishment projects.

 

Renovate:

The Renovate product is designed for more extensive projects which involve significant structural works. This product also offers borrowers the option of a discounted rate, starting from just 0.69% and up to 70% LTV for loans on residential properties up to £3m. Hope Capital’s Renovate product is available for a loan term between 9 -18 months.

 

All of the new products have a maximum of 70% GDV, the option of multiple drawdowns and is able to fund 100% cost of works.

“There is strong demand for refurbishment bridging loans and the new Refurbishment Range expands our offering to existing brokers and borrowers, as well as reaching a new audience. With a product to suit a wide range of needs, we believe these competitive products will meet market demand.”

Gary Bailey, MD

The Refurbishment range is be available throughout England and Wales on un-regulated residential property.

 

Hope Capital continues to offer products and across mixed-use and commercial property as well as land with planning.

 

Hope Capital will lend both to individuals and companies on a first charge basis.

 

Our specialist and experienced 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 0151 523 5998 or hello@hope-capital.co.uk and our team of experts will get back to you to discuss it.

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