Hope Capital increases max loan amount

Robyn Hall

June 4, 2013

The short term property bridging finance company now lends up to £750k for periods of up to 6 months.

Jonathan Sealey, CEO of Hope Capital, said: “We recently completed a deal outside our lending parameters, we were able to do this because we are privately funded and not tied by the restraints of conventional lenders.

“Whilst we have not turned away deals that were over our max loan amount we wanted the market to be aware that larger loans are not a problem to us and therefore increased our published loan amount.

“Our ability to draw down quickly gives us a real advantage, seen recently with our largest bridge to date completing within 72 hours of initial enquiry.”

Hope Capital are currently offering brokers and introducers a 1.5% proc fee on all bridging deals which are completed before the end of June 2013.

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