Hope Capital has extended its lending term from 12 months to 24 months.
With rates starting from 0.69 per cent on loans of up to £5m, Hope Capital said it hoped this would enable it to make its lending abilities more flexible.
The term to 24 months can be considered on all its lending including residential, retail, commercial and semi-commercial properties and land.
Borrowers can use the loans for property purchase, refinance, refurbishment and other business purposes.
Jonathan Sealey (pictured), CEO of Hope Capital said: “We have seen a growing demand for loans for a longer loan period.
“It made perfect sense to vary our loan terms so we can meet this demand from brokers and their clients.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS