The specialist lender experienced an 83% increase in enquires in June, as well as a 263% increase in appointments.
Rates were lowered to just 0.69% per month on loans up to £5m across its bridging range and this offer will now be available throughout July and possibly even longer.
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Hope Capital has also introduced a new pricing matrix — which applies to residential, retail, commercial, semi-commercial properties and land — across all its products.
It is designed to simplify how brokers see the different LTVs and rates that the specialist lender will work to.
“With such a significant uplift in business we now have the infrastructure in place to ensure that we can cope with a considerable uplift in volume; Hope Capital can continue to upscale, while maintaining some of the best service and turnaround times available in the UK — even when looking at complex projects outside of the norm,” said Gary Bailey, managing director at Hope Capital (pictured above).
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