Hope Capital has launched two revamped bridging loan products today.
HOPE 725 has a non-discounted rate of just 0.725% per month, while HOPE 75 provides the highest LTV at 75%, with a rate of 0.74%.
Gary Bailey, managing director of Hope Capital, said: “We have experienced huge demand for the Seventies Collection and have improved the products as a Halloween treat for brokers.
“We anticipate these updated products will meet this market demand. They will be particularly useful for securing immediate funding whilst mainstream lenders are unable to meet the needs of borrowers, in the time frames they require to seize the opportunities.
“All our new products are designed to provide innovative solutions which offer flexibility and affordability for the borrower.”
The products are part of Hope Capital’s ‘Seventies Collection’.
This post has originally been featured in Property Wire.