Hope Capital has launched a special version of its Seventies Collection just for Halloween, with two revamped bridging loan products available from today.

The HOPE 725 product comes with a 72.5 per cent LTV and has the lender’s lowest non-discounted rate of 0.725 per cent a month on non-regulated residential property for loans up to £725,000.

HOPE 75 is a bridging loan providing the highest LTV at 75 per cent with a reduced monthly rate of 0.74 per cent for residential properties and a loan up to £575,000.

These are first charge bridging loans available throughout England and Wales for a loan period of up to 12 months both to individuals and companies.

Borrowers can use the loans for straightforward purchase, buying at auction, with or without a light refurbishment or to chain-break a mortgage. They can also be used to refinance existing debt and give the borrower time to put in place a longer-term finance solution.

This is a limited time Halloween offer available for new enquiries received before the end of November.

The Seventies Collection can be used alongside the recently launched Custom Collection which has six different products, features and options. By picking the options best suited to the client’s circumstances, brokers are able to customise the loan.

Hope Capital managing director Gary Bailey says: “We have experienced huge demand for the Seventies Collection and have improved the products as a Halloween treat for brokers.

“We anticipate these updated products will meet this market demand. They will be particularly useful for securing immediate funding whilst mainstream lenders are unable to meet the needs of borrowers, in the time frames they require to seize the opportunities.

“All our new products are designed to provide innovative solutions which offer flexibility and affordability for the borrower.”