Hope relaunches FleXi loan
Jonathan Sealey

Hope relaunches FleXi loan




Hope Capital has relaunched its FleXi bridging loan to help borrowers achieve their ambitions and optimise income-generating property, cashflow and capital requirements.

The product allows a borrower to service a loan while having some of the interest retained, in addition to enabling repayments to be spread on the serviced part over the entire term of the loan.

As a result, Hope believes that the monthly interest payments will be significantly reduced for the borrower.

Another feature allows any combination of the number of months that can be serviced or retained.

By structuring the loan in this way, the borrower can ensure that the monthly payments can reflect the repayments of any future remortgage that they have planned to support their exit strategy.

It can also make sure that any rental income from the property can cover the repayment or interest cover ratio, and this may help provide a satisfactory credit profile for future refinancing. 

The level of payments and the amount required on day one is set to be tailored to each individual borrower’s circumstances. 

For example, loan terms can be from three to 12 months, so if the borrower has selected a 12-month term, they could choose to retain six months’ interest, and make six months’ payments spread over 12 months.

Jonathan Sealey, CEO at Hope Capital (pictured above), commented: “Our Hope FleXi bridging loan is all about offering the flexibility to meet the needs of the borrower.

As part of the custom collection, it gives added benefit to the borrower as they can mix and match it with other features to create a tailored loan.

“We understand that individual circumstances –– the borrower’s own financial position and the nature of the property they are investing in –– will vary greatly from case to case.

“At Hope Capital, we make it our job to take all these different situations into account and do our utmost to lend in any scenario where the loan achieves the borrower’s aspirations, is affordable and enables a viable exit strategy.

“As with all our bridging loans, our team provides service excellence at every stage from initial enquiry through to completion.”

Sign up to our newsletter to receive more news like this story

I accept that by joining the B&C mailing list, I will receive relevant news and promotional material via B&C on behalf of its partners and advertisers. Your data will not be passed on to any third party.
No, thanks, just the news please.

Leave a comment


Blonde teen Lidsey posing for you