Following broker feedback specialist short-term lender Hope Capital has streamlined its overall proposition to provide an even more affordable, flexible and adaptable product range.
This includes introducing the Hope Guarantee. At a time when interests rates are increasing and more bridging finance lenders are introducing variable rates for the first time, clients are demanding the comfort that their loan rates are fixed for the term of their loan.
The Hope Guarantee provides broker’s clients with much needed security. This involves borrower’s rates being fixed for the term of their loan, as soon as Hope Capital’s solicitors have been instructed providing there are no material changes to the application or loan, regardless of increases in the Bank of England Base Rate which are expected in the coming weeks/months.
In addition, the products offered by the specialist short-term lender have undergone a major enhancement, with rates being slashed by up to 29% on residential deals and up to 21% on refurbishment cases.
Roz Cawood (pictured), director of dales at Hope Capital, said: “Providing borrowers with the opportunity to fix their rates, as well as take advantage of highly competitive products in the market, will be instrumental in supporting brokers and their clients moving forward.
“With there being so much uncertainty in the current economic climate, we want our broker’s clients to borrow with confidence. This is just what borrowers need at a time when living costs are being squeezed.”
