Hope Capital Property Finance has launched Dual+, a new residential bridging product designed to support deals with urgent completion deadlines.
Dual+ is available at 75% loan-to-value (LTV) at 0.79%, and is aimed at borrowers requiring funding for residential purchases, refinances, capital raises and cosmetic light works.
The new product is available for loans up to £500,000 across terms of three months to 12 months.
It has been designed for cosmetic light refurbishment only and has flexible payment options, available across England and Wales.
To support the launch, Hope Capital Property Finance has introduced a packaging team, enabling the lender to meet tight deadlines with the support of a team of sales specialists.
Hope Capital Property Finance head of sales Kim Parker says: “Dual+ has been developed to reflect exactly what the market is demanding: fast access to funding that can be delivered with confidence.”
“By introducing a dedicated packaging team and combining this with features such as dual representation, full title insurance and same-day valuations, we are able to meet urgent deadlines without compromise.”