Question 1

What is a bridging loan?

Accepted Answer

A bridging loan is a type of short-term finance, which enables the borrower to access cash quickly for a short period of time. 
 
Bridging loans can be arranged within a matter of hours and are mainly used to refurbish a property, complete a development, buy at auction and so on.

Question 2

How do bridging loans compare to traditional loans?

Accepted Answer

While it is difficult to compare the two, as both finance options are used for different purposes, the main difference is bridging loans are used for a shorter period, which do not require monthly payments, whereas traditional loans are repayable monthly, over a much longer term. 
 
Another benefit of bridging loans compared to traditional finance options is the flexibility. Most bridging lenders are not bound by the restrictive loan conditions other finance options are tied to.

Question 3

Why use Hope Capital for bridging finance?

Accepted Answer

At Hope Capital we pride ourselves on the ability to lend on every deal with speed and efficiency.
 
We have a reputation for helping brokers and their clients find a solution when other lenders can't.
 
We have worked with hundreds of brokers, which is why we are consistently recognised within the financial services industry as being one of leading bridging finance companies in the market.

Question 4

How do I know which bridging finance product is right for me?

Accepted Answer

At Hope Capital, we provide a diverse range of products which are suitable for different purposes. You can find out more information about our products on our product page. However, if you have any further question, the Hope Capital team are here to help.

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"I was extremely impressed with Hope Capital. From the application stage through to completion, they were professional, transparent and efficient."

Carol Jenkins, Welsh Finance

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Loans of £50k to £50m

Up to 75% LTV

Frequently asked questions

What is a bridging loan?

How do bridging loans compare to traditional loans?

Why use Hope Capital for bridging finance?

How do I know which bridging finance product is right for me?

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