Hope Capital has completed its largest bridging deal to date.
Last week it completed a £1.1 million loan for a property in London. The loan to value was 65% and the arrangement saw a first change placed over three properties in the capital.
Jonathan Sealey (pictured), CEO of Hope Capital, explained that the property investor clients found their current funder would not extend their existing facility so his firm put the bridging loan in place.
“Increasing our maximum loan amount and facilitating our biggest bridging loan within the last couple of months shows how far Hope Capital has come since we set up in September 2011,” Sealey told BestAdvice. “We are continuing to gain more and more traction and recognition in the bridging market as entrprenurial principal lenders.
“You only have to look at the testimonials from finance brokers on our website to see that we do everything in our power to be as flexible as possible for the borrower, and work with the broker the whole way through the lending process.
“We must not rest on our laurels though, as we still expect to make this month an even bigger success as we look to facilitate more bridging loans.”
Hope Capital has also broken its monthly record with £2.5 million lent in November already. 
The lender is looking to open an office in the Capital in the new few months and is planning to increase its headcount in 2014, with the hiring of a BDM a possibility.
