Rates start from 0.92% for borrowers looking to repurpose existing commercial buildings.

The lender has also raised its dual representation offering to £750,000.

The loan has launched to support borrowers ahead of the impending stamp duty deadline.

Previously the lender's rates were priced depending on the specific deal and the level of works.

Hope Capital has expanded its funding capabilities with additional multi-million-pound funding from Shawbrook Bank.

The instant valuation method is now available up to 75% LTV on property valuations up to £750,000.

The lender will offer up to a 0.05% decrease compared to its current offering.

The lender has promoted two national account managers as it seeks to expand its sales team.

The lender has promoted Charlotte Holt to lead the new division.

The product enables borrowers to move from their initial bridge up to an additional 18-month term.