Hope Capital has launched its services in Scotland.

The bridging firm, which offers products for residential, mixed use and commercial property via its seventies collection, 80s collection and nineties collection respectively, believes the market in Scotland is currently underserved.

The lender offers shot-term loans at up to 75 per cent LTV on up to £5m. Earlier this year, Hope Capital issued two new bridging products within its 80s collection, starting at 0.80 per cent per month.

Hope Capital managing director Gary Bailey says: “We’ve been monitoring the Scottish property market and it has remained buoyant in the last 12 months, so it is clear there is a growing demand for bridging finance. This is really great to see, especially after such a challenging year.”