HOPE 725 offers the lender’s lowest non-discounted rate of 0.725% per month, and up to 72.5% LTV on unregulated residential property, with a loan up to £725,000.

HOPE 75 provides the lender’s highest LTV at 75%, with a reduced rate of 0.74% per month for residential properties with loans up to £575,000.

The two new products will be available throughout England and Wales for a loan period of up to 12 months, both to individuals and companies. 

The loan will be available on a first-charge basis.

Borrowers can use the loans for property purchases in a range of situations: a straightforward purchase, buying at auction, with or without a light refurbishment, or to chain-break a mortgage. 

Additionally, they can be used to refinance existing debt and give the borrower time to put in place a longer-term finance solution. 

This is a limited-time 'Halloween offer' available for new enquiries that the lender receives before the end of November.

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The seventies collection can be used alongside elements of the recently-launched custom collection, which comprises six different products, features, and options.

Gary Bailey, managing director at Hope Capital (pictured above), said: “We have experienced huge demand for the seventies collection and have improved the products as a Halloween treat for brokers.”

The bridging lender anticipates that the updated products will meet market demand.

“They will be particularly useful for securing immediate funding while mainstream lenders are unable to meet the needs of borrowers, in the time frames they require....

“All our new products are designed to provide innovative solutions which offer flexibility and affordability for the borrower."