Bridging lender Hope Capital has increased its maximum loan size to £5million with the ability to increase this still further for the right deal.

Bridging lender Hope Capital has increased its maximum loan size to £5million with the ability to increase this still further for the right deal.

The Association of Short Term Lenders has elected its new executive committee, which will take office with immediate effect on 1st September.

Hope Capital has fulfilled the first half of its expansion plans with the appointment of a new business development manager.

The bridging industry has evolved and grown significantly since the credit crunch, outstripping the mainstream mortgage market more than five times over since 2011.

Hope Capital is on a recruitment drive after huge growth in the first half of this year.

As of yesterday, bridging lender Hope Capital has launched into Scotland.

Bridging lender Hope Capital has launched into Scotland with its initial tranche of £10million worth of funds for Scotland, which will then be expanded and grown.

The first Mortgage Business Expo in Leeds now has over 40 exhibitors involved, including specialist lenders Blemain Finance, Hope Capital and Masthaven Finance.

Hope Capital has completed bridging loans worth ten times more at the start of this year than it did over the same period last year.