Hope Capital unveils new product range

Published on

Hope Capital has introduced a new product range, which aims to take into account the needs of individual customers and catering for the needs of different borrowers and their level of borrowing.

The new set of products offers a MINI, MIDI and MAXI loan to choose from. The MINI Loan starts at £50,000 and goes up to £150k.

Meanwhile, the MIDI Loan starts from £150,000 and goes up to £500,000, with any loans above £500,000 falling into the MAXI Loan range. These three product tiers allow the loan to be constructed to meet the client’s needs.

There are options for zero fees and discounted rates, and they can also be combined with the existing Hope FleXi product.

Hope Capital has also revised its LTVs and rates in line with the new loan range. Interest rates available start at 0.54% per month.

The new product range is part of the Hope Capital Custom Collection, which comprises six different products, features and options, all of which are designed to give the most suitable solution for the borrower.

Gary Bailey (pictured), managing director of Hope Capital, said: “We’re proud to be launching this new product range which includes our smallest ever loan, starting at £50,000. As part of the new Custom Collection, these three tiers aim to meet the needs of the broker and borrower. Considering the current market, we’ve placed an emphasis on upfront affordability with the new products.

“As always with Hope Capital, we aim to offer the utmost flexibility and speed whilst being transparent throughout the process.”

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

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...