Enquiries into Hope Capital up 61% while loan numbers double

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Gary Bailey Hope Capital bridging loan

Enquiries into Hope Capital are up 61% in the third quarter this year, from July to September, compared to the previous quarter. Not only are enquiries up but the number of loans granted in September is double the average for any month in the previous three months.

Loan values are also up; the average value of loans granted by Hope Capital are up 28% in the quarter to the end of September over the previous quarter and up by 31% compared to the average loan size in January.

Gary Bailey, pictured, managing director of Hope Capital says:

“We are having a tremendous second half of the year. Knowledge and awareness of Hope Capital and what we offer brokers and their clients is spreading. Our rates have been lowered, starting from just 0.69% per month, our terms are flexible, our turnaround times are quick and we remain dedicated to service excellence.

Our investment in staff and robust procedures is clearly paying dividends and this is reflected in our figures. This, combined with the recent launch of the Hope Seven 5 product means continued growth is anticipated in Q4.”