Hope Capital to offer 1.5% proc fee

Published on

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.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...