Hodge cuts 50+, RIO and Hodge Resi rates

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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.”

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