Hodge restarts residential mortgage lending

Published on

Hodge has re-entered the residential mortgage market for its 50+, RIO and holiday let mortgages, after a two-week break from new business.

Having experienced record volumes of business, the lender decided to close to new applications for a two-week period to restore service levels.

As of 9am on Monday 4 July, new applications for all products are now open again, with service level agreements (SLAs) back to 48 hours with other service guarantees to intermediary partners available again too.

Emma Graham (pictured), Hodge’s mortgages business development director, said: “We pride ourselves on both our service and the fact that our underwriters assess applications on a case by case basis.

“We remain fully committed to maintaining a personal approach but will continue to invest in technology to provide additional levels of automation while ensuring we’re able to offer the services our brokers have come to expect.”

Latest POLL

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

Black & White Bridging creates new asset management team

Specialist short-term lender Black & White Bridging has strengthened its operations with two key...

Investec cuts fixed mortgage rates by up to 30bps for high-net-worth clients

Investec Bank has announced further reductions across its mortgage range, cutting fixed rates by...

Assetz Capital cuts development finance rates to 8.85% to support SME housebuilding

Assetz Capital has announced a further reduction to its development finance rates, with rates...

NatWest unveils family-backed mortgage to lift FTBs onto the property ladder

NatWest has launched a new Family-Backed Mortgage aimed at helping first-time buyers increase their...

Other news

Black & White Bridging creates new asset management team

Specialist short-term lender Black & White Bridging has strengthened its operations with two key...

Investec cuts fixed mortgage rates by up to 30bps for high-net-worth clients

Investec Bank has announced further reductions across its mortgage range, cutting fixed rates by...

Remortgage options grow for pound-for-pound landlord borrowers

With many thousands of landlords set to come off two and five-year fixed rates...
Advertisement