Completions up 196% at Hope Capital
Hope Capital has experienced another exceptional month in business and achieved a new firm record, with a 196% increase in deals reaching completion in the 6 months leading up to March 2021 versus the same period last year.
The firm has also seen a significant increase in enquiries that is part driven by growth in the number of new broker relationships which have been forged.
The specialist short-term lender has launched a diverse range of unique and innovative products in the last few months, which have struck a chord with brokers and their clients.
This includes the launch of the Seventies Collection, Eighties Collection, Nineties Collection and the Refurbishment Range, which are all highly competitive bridging loan products that provide fantastic rates and high LTVs for those who are looking at bridging finance as an option to achieve their investment plans.
The news of Hope Capital setting a new company record, follows closely behind the firm announcing its launch of its short-term finance proposition in Scotland.
The lender has been monitoring the Scottish property market closely in recent months and is looking forward to assisting brokers with the delivery of innovative, unique and flexible bridging finance solutions in the underserved Scottish market.
Gary Bailey, Managing Director of Hope Capital, commented:
“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, 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.
Designing and launching products which give borrowers maximum flexibility and control is at the heart of what we do and we are delighted they have been so well received by the market.
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!”
Hope Capital is optimistic enquiries will continue to be received in volume, as the market continues to recover and ever more new opportunities open up.
Therefore, the firm is expanding and looking to recruit new talent across all areas of the business, which will enable the company to continue with its growth strategy.
Jonathan Sealey, CEO of 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.
This is a great time to be joining a team like Hope Capital, where the demand for specialist finance is growing at an exceptional rate.
There are countless opportunities available to develop skills and for career development. We are therefore really looking forward to receiving high-quality applications from a wide range of talented individuals.”