Hope Capital has recorded a 128% rise in new cases between June and August compared to the same period in 2019.

The bridging lender also revealed it had seen the number of loans drawn treble compared with the same period last year, with figures indicating a surge in demand as the market emerges from lockdown. The lender has also experienced a 40% increase in residential completions.

In the post-lockdown period, Hope Capital has launched a range of new products aimed at giving borrowers “maximum flexibility and control”, and the lender suggested the popularity of its new range has driven record levels of demand for the lender.

“This is an exciting time for Hope Capital,” commented managing director, Gary Bailey. “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’ve 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.”

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