Jonathan Sealey

Hope Capital doubles maximum loan term

Hope Capital has extended its maximum lending term to two years.

The bridging lender’s maximum lending term had previously been 12 months, but will now offer up to 24 months, when it is the right solution.

Rates start from 0.69% on loans of up to £5m across the lender’s bridging range.  

The 24-month term will be considered on all Hope Capital’s lending: residential, retail, commercial and semi-commercial properties and land.

Terms are said to be typically offered within one hour of the loan application. 

Brokers will continue to have direct access to underwriters and senior decision makers. 

Jonathan Sealey, CEO at Hope Capital (pictured above), said: “We have seen a growing demand for loans for a longer loan period. 

“As a highly responsive lender, known for excellent service, it made perfect sense to vary our loan terms so we can meet this demand from brokers and their clients.”

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