Hope Capital to offer 1.5% proc fee

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Hope Capital

Hope Capital will offer a 1.5% procuration fee to all brokers on bridging cases completed before the end of May 2013.

Jonathan Sealey, CEO of Hope Capital, said the first quarter of 2013 has been very strong for Hope Capital in terms of loans completed and redeemed, and the firm wants to keep that success going.

He said: “We would like to work with more brokers and intermediaries on their current cases, and as principal lenders we have the ability to offer competitive procuration fees to those who have the access to bridging cases in the market.

“As Hope Capital is a principle lender using private funds, we are able to break away from a rigid model of lending criteria many bridging finance companies have in place.

“We look to be as flexible and as entrepreneurial as possible for borrowers who require short term, property backed finance.”

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