Hope Capital has reported a surge in demand as the market emerges from lockdown.
From June to August 2020, the bridging lender saw the number of loans drawn treble compared with the same period last year.
New cases have more than doubled, rising by 128% on 2019, and there has been a 40% increase in residential completions.
In the post-lockdown period, Hope Capital has launched a range of new products, the Hope Capital Custom Collection, which comprises six products, features and options, and most recently the Seventies Collection.
Hope Capital anticipates further growth as the market recovery continues and new opportunities open up. As a result, it is looking to expand its team in all areas of the business.
Hope Capital’s managing director, Gary Bailey (pictured), said: “This is an exciting time for Hope Capital. As soon as lockdown restrictions were lifted, we began to see unprecedented levels of demand.
“Our innovative products are putting borrowers in a position to realise their ambitions, and with our well-earned reputation for fast, flexible service, Hope Capital is the first port of call for many brokers.
“We’ve got ambitious plans to build on that success further, and we are always looking for experienced and enthusiastic people to join us on that journey.”
