Hope Capital notes record summer despite COVID-19

Hope Capital has noted a record surge in demand, despite the complications brought on by coronavirus.

Between June 2020 and August 2020, the firm saw its number of loans drawn treble compared to the same period the year before.

Looking at new cases, the quantity more than doubled over the same timeframe, rising by 128%, and residential completions increased by 40%.

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As a result of the surge, Hope Capital launched its Capital Custom Collection and the Seventies Collection.

The new products are aimed at giving borrowers maximum flexibility and control, according to the firm.

Gary Bailey, managing director of Hope Capital, 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 have 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.”