Gary Bailey

Hope Capital achieves completions record

Hope Capital has seen a record 196% increase in deals reaching completion in the six months to March 2021 compared to the same period last year.

The specialist lender also reported a 24% surge in enquiries in the same period of time, partly driven by the growth in new broker relationships it has forged.

The record follows the launch of Hope Capital’s short-term finance proposition in Scotland, a decision it made having monitored the Scottish property market for some time.

In recent months, the finance provider has launched a series of new products, including the seventies, eighties and nineties collections, as well as its new refurbishment range.

Currently, Hope Capital is expanding and looking to recruit new talent across all areas of the business, as it is optimistic enquiries will continue to be received in volume.

Gary Bailey, managing director at Hope Capital (pictured above), said: “This is an extremely exciting time for Hope Capital as we continue to triumph. 

“The surge in enquiries from brokers and borrowers is purely down to us being resilient, [and] the hard work and commitment of the Hope Capital team identifying what the new market trends are and then creating products which can provide a variety of options for brokers and borrowers in all areas. 

“As we expand our offering to brokers and their clients who have property in Scotland, we have lots of other exciting projects in the pipeline, so watch this space.”

Jonathan Sealey, CEO at Hope Capital, added: “As we continue to move forward, we’ve got ambitious plans to bolster all teams across Hope Capital, so we can continue to support increased business volumes.

“We welcome applicants from all industries, whether they are a seasoned professional with exceptional experience in the finance sector or have no industry experience; the main considerations are that they have transferable skills, are team players and high performing individuals.”

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