"It's never been so clear that brokers want access to products which are transparent and of course, affordable."
Hope Capital has announced that it is "going back to basics" with a product refresh.
The specialist short-term lender has streamlined its proposition to make it easier for brokers to access the product range.
The lender previously offered multiple product options, but has now consolidated its offering as options suitable for residential, semi-commercial, commercial and land deals, which can be used for a range of purposes from property purchase, refinance, and an array of other business purposes, including debt consolidation and covering cash flow.
Residential bridging loan are available from 0.89% and up to 75% LTV, while semi-commercial loans are available up to 70% LTV with rates from 0.99% and its commercial bridging range starts from 1.09% with a maximum LTV of 65%. Its land with planning bridging loan is available from 1.45% up to 60% LTV.
Jonathan Sealey, CEO at Hope Capital, commented: “It's never been so clear that brokers want access to products which are transparent and of course, affordable. There’s no denying there is a lot of volatility in the market at present, but our approach is to take a step back and look at what can be done to ensure our brokers and clients can keep borrowing with confidence. By repositioning our product range, and keeping our rates highly competitive, we feel confident this will be a welcome enhancement in the market.
“As we head into the closing months of the year, we're fully committed to achieving more results and supporting brokers who are looking for affordable and reliable bridging finance solutions. With that in mind, we’re working on adding even further value to our offering with an extremely competitive enhancement, which we look forward to sharing with the market very soon.”
