The HOPE 725 product offers a fantastic low rate of 0.725% per month and up to 72.5% LTV on non-regulated residential property with a loan up to £725,000.

 

The HOPE 75 bridging loan has a newly reduced rate of 0.74% per month and up to 75% LTV on non-regulated residential property with a loan up to £575,000.

 

This is a limited time offer, which will be available for new enquiries that are received before the end of the year.

 

Designed for residential properties, the minimum loan amount for both products is £150,000.

 

Borrowers can use the 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 experienced huge demand for the Seventies Collection and as a Christmas gift have chosen to extend the availability until 2021.

We anticipate these products will continue to meet market demand and be particularly useful for securing immediate funding whilst mainstream lenders are unable to meet the needs of borrowers in the time frames they require to seize the opportunities.”

Gary Bailey, managing director of Hope Capital

The Seventies 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.

 

It is available throughout England and Wales on a first-charge basis, for loan periods from three 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.

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