Hope Capital has reported a record month for business following the introduction of its latest proposition.

The bridging lender launched its largest ever rate reductions at the start of the year, offering flat rates across its bridging range.

In addition to its loan book growing by 15.6% since the end of 2024, Hope Capital has celebrated its best month in business since June 2023, with a 45.3% increase in comparison to its last record.

The lender also saw its completions for February double compared to what was forecasted, with an additional 108% of completions achieved.

Jonathan Sealey (pictured, right), CEO at Hope Capital, said: “I am delighted with our success as we’ve entered the new year and the tremendous growth in not just sales, but completions too.

“This is further evidence that our key initiatives and enhancements are driving both operational and financial improvements.”

Kate Cowan (pictured, left), chief financial officer at Hope Capital, added: “Since we kick-started 2025, there has been fantastic growth throughout the entire business.

“Our performance represents an outstanding achievement from every department, especially our portfolio management team who have achieved a 41% reduction in default loans since the same period last year, thanks to their incredible efforts to find a solution for our borrowers.”