Hope Capital, the short term lending and bridging finance house, has announced a 196% increase in deals reaching completion in the six months leading up to March 2021, versus the same period in 2020.
This is a new record for the lender, which has also noted a recent increase in enquiries, thanks in part to its recent product launches. Earlier this year, Hope Capital announced a new range of bridging loans, designed for customers looking to undertake property refurbishments, and previously the extension of its Seventies Collection.
As the market bounces back, Hope Capital is optimistic that this upwards trend in enquiries volume will continue and is looking to expand its team to bring in fresh talent.
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!”
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.”
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Hope Capital also announced this week that they have expanded to cover the Scottish property market.