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.