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Hope Capital achieves its best start to the year

Bridging Finance

Bridging lender Hope Capital had its busiest ever January, with enquiries rising sixfold compared to the same month last year.

The lender also saw the average loan value rise by 20% year-on-year.

It almost trebled the number of cases funded compared to the average of the three previous months, with 57% more deals undertaking valuations.

Jonathan Sealey, chief executive officer of Hope Capital, said: “Since the general election at the end of last year, there has been a marked increase in confidence in the market.

“By constantly striving to make our offering even more competitive, Hope Capital has established itself as a go-to bridging lender in the market. That has put us in pole position to benefit from increased demand for short-term finance.

“As well as finding ways to lend on a number of complex deals, our enhanced Hope Seven 5 product has led the way in driving increased volumes.”