Hope Capital reduces residential fast-track bridging rates

Hope Capital has reduced rates across its residential fast-track bridging offering, now available at 0.85% up to 75% LTV.

Residential fast-track bridging loans are available for purchase and capital raise and are designed specifically for cosmetic light refurbishment.

The reduced rate follows a series of enhancements to its product range earlier this year, including a streamlined pricing structure and the launch of a dedicated residential fast-track team.

In line with the rate reduction, Hope Capital has raised its dual representation offering to £750,000, up from £500,000, enabling more borrowers to benefit from reduced costs and quicker turnarounds.

Kim Parker (pictured), head of sales at Hope Capital, commented: “Our focus remains on delivering clarity, speed, and flexibility to our broker partners and their clients. By offering a reduced, flat rate of 0.85% for our residential fast-track offering, we’re reinforcing our commitment to providing market-leading solutions tailored to a wide variety of borrower needs.”