Hope Capital roll out two new products

09 Feb 2023

Specialist short-term lender, Hope Capital has officially launched two brand-new products, Bridge 2 Let and Term 2 Rent.

The Bridge 2 Let product targets clients who are looking for surety of exit for their bridge which also provides them with the opportunity to capital raise at the point of switching, while Term 2 Rent targets borrowers who are looking for a fixed term solution without the need for ICR calculations.

Hope Capital’s Bridge 2 Let loan provides up to 75% LTV, with rates starting from just 0.72% per month. The brand-new product offer individuals and companies a bridging loan initially for up to 12 months followed by up to 24 months on a serviced term basis.

The lender’s Term 2 Rent loan is aimed at borrowers who plan to acquire or refinance, income producing, commercial assets, or specialist residential assets (including MUFB or HMO) without tying borrowers into long-term lending contracts with large early repayment charges. It offers a serviced proposition, up to 70% LTV NET and a term of 24 months, with annual rates starting from 6% + BBR on a variable option or 11.5% on a fixed rate option.

Hope Capital’s Term 2 Rent product is expected to be a highly sought-after in the market as serviceability only needs to cover 100% pay rate rather than ICR specific calculations.

The key features of both products include:

Property types: residential, commercial, semi-commercial, HMOs, BTL, MUFB

  • No ICR calculations
  • No early repayment charges
  • No exit fees
  • UK, foreign nationals, and ex-pats
  • England, Wales and Scotland (for Scotland – postcode restrictions apply)


Roz Cawood, Director of Sales at Hope Capital, said: “This is a really exciting space to enter and enhances our proposition even more in terms of affordability and flexibility.

As we are very much aware, rising interest rates and the lack of secure options are becoming a real challenge for brokers and borrowers alike who are looking for a solution to overcome this.

“Taking on board the feedback from the market, Bridge 2 Let and Term 2 Rent have been designed to be flexible around the needs and circumstances of the individual

borrower and their specific project(s). Not only do we now provide an option where borrowers can access a fixed loan up to 12 months at a competitive rate, but we can also facilitate an additional 24 months if needed.

“The additional benefit of having no ERCs and exit fees means we feel very confident this will be instrumental in supporting a significant number of brokers and their clients.”

For the latest updates from Hope Capital, including new appointments and job vacancies, follow the firm on Twitter and LinkedIn or visit the website.

To find out more about Hope Capital call 0151 523 5998 or email: newdeals@hope-capital.co.uk