Hope Capital launches festive mortgage offer

Jessica Bird

December 16, 2021

christmas offer

Hope Capital has launched an offer to mark the festive season, including loan-to-values (LTVs) up to 75% and loans up to £750,000, on properties worth up to £1m.

The lender’s LOANS Fast Track Bridge offering aims to provide support as brokers and borrowers look ahead towards opportunities in 2022.

The latest deal from the specialist short-term lender is available from 16 December into the new year.

As part of the offer, Hope Capital will now lend based on an OMV, across residential, commercial and mixed-use property types.

In addition, it will now accept automated valuation models (AVMs) up to £750,000 and desktop valuations on residential properties up to £1m.

Roz Cawood, director of sales at Hope Capital, said: “As we once again face an uncertain period within the economy, we wanted to provide some additional festive support and a brand-new opportunity as we enter the new year.

“The LOANS Fast Track Bridge offering reflects everything we stand for at Hope Capital: delivering innovative, flexible, tailored solutions quickly and efficiently, which cater for the requirements of different borrowers, their individual circumstances and their level of borrowing.

“The decision to now accept OMV’s was made to increase our competitiveness as we head into 2022.

“This will also support borrowers who are looking to achieve their investment and business goals going forward.”

Cawood added: “This new offer is suitable for all property types and is a highly competitive bridging loan facility.

“As we understand speed is of the essence, we will also lend based on AVMs and desktop valuations, making borrowing significantly faster and more accessible for customers.”

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