Hope Capital increases max loan amount by 50% to £750k

Hope Capital now lend from £100,000 to £750,000 for up to 6 months.

Hope Capital has ambitious growth targets for 2013 and is continuously expanding its loan book to help experienced property investors take advantage of more and more opportunities.

They are offering brokers and introducers a 1.5% proc fee on all bridging deals which are completed before the end of June 2013.

CEO of Hope Capital, Jonathan Sealey commented:

“We recently completed a deal outside our lending parameters and we were able to do this because we are privately funded and not tied by the restraints of conventional lenders. Whilst we have not turned away deals that were over our max loan amount previously, we wanted the market to be aware that larger loans are not a problem to us, and therefore increased our published loan amount. Our ability to draw down quickly gives us a real advantage, as seen recently with our largest bridge to date completing within 72 hours of initial enquiry.”

“This coupled with our 1.5% Proc Fee offer, which lasts until end June 2013, offers a great deal for brokers.”