New bridge product launched by Hope Capital
- 19 December 2021
- Posted by: Editor
- Category: news
Hope Capital released an up to 75% LTV (loan to value) fast track bridging loan product aimed at property owners who have properties with a value of up to £1 million. They are willing to lend up to £750,000 on open market valuation (OMV) which includes residential, mixed –use and commercial property types, subject to underwriting, legals.
Hope Capital believes this will help usher in a new era of innovative, flexible and tailored solutions which help to fulfil the needs of different types of borrowing requirements. A direct result of this is them accepting automated valuation models (AVM) up to £750,000 and desktop valuations on residential property up to £1 million. By offering this strategy they hope to speed up the Bridging process when using this loan facility.
Call today and speak to one of our team for more information and help with finding the most suitable finance package that meets your needs and suits your specific circumstances.
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