Hope Capital celebrates record quarter

Tom Belger | 12:00 Tuesday 24th April 2018 | 4

Hope Capital has reported that during the first three months of 2018, the number of completions, enquiries and heads of terms issued increased three-fold compared with the last quarter of 2017.

As a result, the specialist lender is now celebrating a record quarter as its loan book increased by 30% during Q1 2018.

Hope has attributed the growth to a number of factors, including the launch of its lowest ever rates and investment in new staff and premises.

New processes and efficiencies have also been put in place, which has helped improve turnaround times.

Jonathan Sealey, CEO at Hope Capital (pictured above), said that in the middle of last year it surveyed brokers to see what it could do better.

“We listened closely to the feedback and put all those measures in place, focusing on communication, education and collaboration.

“As a result, we started the year with some of the lowest rates we have ever offered and the appointment of key people to help with our expansion plans, with more underwriters to help reduce turnaround times.

“It is clear brokers have noticed what we have done and that this is paying off.

“Our deal flow and the number of enquiries we have received so far this year have exceeded all expectations.”