Hodge cuts 50+, RIO and Hodge Resi rates

Published on

Hodge is making further rate reductions across its 50+, RIO and Hodge Resi mortgage ranges, with cuts of up to 30 basis points (bps).

Following the launch of its new Hodge Resi proposition with reduced rates in August, the specialist lender has followed up with further reductions across its entire suite of mortgages in September.

This includes an average reduction of 25bps to rates across its 50+, RIO and Hodge Resi products both for new business and retention purposes.

Emma Graham (pictured), business development director at Hodge, said: “We’re pleased to be announcing further insight-led changes across our range of mortgage products. Hodge’s recent introduction of new products and reduced rates reflects our deepening commitment to developing customer-centric mortgage solutions and serving underserved areas of the market.

“The reduction in rates will make our offering accessible to more borrowers from aged 21, helping brokers and customers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Just Mortgages launches scheme to train next generation of advisers

Just Mortgages has launched a new initiative aimed at tackling the growing talent shortage...

Buy-to-let lending rises as rental market begins to rebalance

Buy-to-let investment is showing signs of renewed momentum as landlords respond to easing pressure...

UK housing market defies summer slowdown as buyers regain confidence but price growth stalls

Housing market activity has picked up pace and defying the traditional seasonal lull as...

£6.4bn economic boost possible through better financial inclusion, report finds

Improving access to affordable credit, encouraging savings and tackling the poverty premium in insurance...

11 million Brits unaware they are financially vulnerable, study finds

More than 11 million people in the UK are unaware they fall into a...

Latest publication

Latest opinions

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Why we shouldn’t wait for the FCA to act on later life lending

It might feel odd to be talking about a new year, when we’re barely...

A walk on the supply side

The UK government’s stated goal to build 1.5 million homes during the current parliamentary...

Other news

Just Mortgages launches scheme to train next generation of advisers

Just Mortgages has launched a new initiative aimed at tackling the growing talent shortage...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Buy-to-let lending rises as rental market begins to rebalance

Buy-to-let investment is showing signs of renewed momentum as landlords respond to easing pressure...