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.”