Gary Bailey

Hope Capital reports 61% surge in enquiries




Hope Capital has posted a 61% increase in enquiries in Q3, compared with the previous quarter.

The bridging lender also revealed that the number of loans granted were double that of any month in the previous three months.Loan values also rose with the average value up by 28% in Q3 2019 compared with Q2 2019 and 31% higher than the average loan size in January.

“We are having a tremendous second half of the year,” said Gary Bailey, managing director at Hope Capital (pictured above).

“Knowledge and awareness of Hope Capital and what we offer brokers and their clients is spreading.

“Our rates have been lowered, starting from just 0.69% per month, our terms are flexible, our turnaround times are quick and we remain dedicated to service excellence.

“Our investment in staff and robust procedures is clearly paying dividends and this is reflected in our figures which are getting better quarter-on-quarter.”

Update: 11th October 2019: An earlier version of this article included the quote: “Our terms are flexible and turnaround times are so quick we have completed deals in under 48 hours from application to completion.” This has since been changed to: “Our terms are flexible, our turnaround times are quick and we remain dedicated to service excellence.”

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