Here is the latest update from the Hodge Bank. You can access their full product set, including equity release via our mortgage club as well as some packaged mortgage options too.
Latest Announcement from Hodge Bank
We’re cutting rates
Only three months in to 2023 and we’re cutting rates again for our 50+, RIO and Holiday Let mortgages. We’re also reducing retention rates!
Providing you with responsible, specialist mortgages remains at the forefront of our decisions. With this set to be the year of the specialist, we hope you’re as delighted as us that we’ll be offering lower rates. Helping your clients to dream big and live better lives.
For up to date details of all of our rates and criteria visit our intermediary site here. If you want to know more about re-fixing rates for your customers, it’s here.
| Product Range | Product | LTV | Product Fee | Current rate | New rate |
| 50+ | 2 year fixed | 60% | £995 | 5.65% | 5.25% |
| 50+ | 2 year fixed (fee free) | 60% | £0 | 5.80% | 5.40% |
| 50+ | 5 year fixed | 60% | £995 | 5.70% | 5.55% |
| 50+ | 5 year fixed (fee free) | 60% | £0 | 5.85% | 5.70% |
| 50+ | 2 year fixed | 75% | £995 | 5.85% | 5.45% |
| 50+ | 2 year fixed (fee free) | 75% | £0 | 6.00% | 5.60% |
| 50+ | 5 year fixed | 75% | £995 | 5.90% | 5.75% |
| 50+ | 5 year fixed (fee free) | 75% | £0 | 6.05% | 5.90% |
| 50+ | 2 year fixed (C&I) | 85% | £995 | 6.05% | 5.65% |
| 50+ | 2 year fixed (fee free) (C&I) | 85% | £0 | 6.20% | 5.80% |
| 50+ | 5 year fixed (C&I) | 85% | £995 | 6.10% | 5.95% |
| 50+ | 5 year fixed (fee free) (C&I) | 85% | £0 | 6.25% | 6.10% |
| RIO | 2 year fixed | 60% | £995 | 5.85% | 5.45% |
| RIO | 2 year fixed (fee free) | 60% | £0 | 6.00% | 5.60% |
| RIO | 5 year fixed | 60% | £995 | 5.90% | 5.75% |
| RIO | 5 year fixed (fee free) | 60% | £0 | 6.05% | 5.90% |
| RIO | 2 year fixed | 75% | £995 | 6.05% | 5.65% |
| RIO | 2 year fixed (fee free) | 75% | £0 | 6.20% | 5.80% |
| RIO | 5 year fixed | 75% | £995 | 6.10% | 5.95% |
| RIO | 5 year fixed (fee free) | 75% | £0 | 6.25% | 6.10% |
| Holiday Let | 2 year fixed | 60% | £995 | 6.15% | 5.95% |
| Holiday Let | 2 year fixed (fee free) | 60% | £0 | 6.30% | 6.10% |
| Holiday Let | 5 year fixed | 60% | £995 | 6.20% | 6.10% |
| Holiday Let | 5 year fixed (fee free) | 60% | £0 | 6.35% | 6.25% |
| Holiday Let | 2 year fixed | 75% | £995 | 6.35% | 6.15% |
| Holiday Let | 2 year fixed (fee free) | 75% | £0 | 6.50% | 6.30% |
| Holiday Let | 5 year fixed | 75% | £995 | 6.40% | 6.30% |
| Holiday Let | 5 year fixed (fee free) | 75% | £0 | 6.55% | 6.45% |
| Product Range | Product | LTV | Product Fee | Current rate | New rate |
| 50+ Retention | 2 year fixed | 60% | £995 | 5.45% | 5.05% |
| 50+ Retention | 2 year fixed (fee free) | 60% | £0 | 5.60% | 5.20% |
| 50+ Retention | 5 year fixed | 60% | £995 | 5.50% | 5.35% |
| 50+ Retention | 5 year fixed (fee free) | 60% | £0 | 5.65% | 5.50% |
| 50+ Retention | 2 year fixed | 75% | £995 | 5.65% | 5.25% |
| 50+ Retention | 2 year fixed (fee free) | 75% | £0 | 5.80% | 5.40% |
| 50+ Retention | 5 year fixed | 75% | £995 | 5.70% | 5.55% |
| 50+ Retention | 5 year fixed (fee free) | 75% | £0 | 5.85% | 5.70% |
| RIO Retention | 2 year fixed | 60% | £995 | 5.65% | 5.25% |
| RIO Retention | 2 year fixed (fee free) | 60% | £0 | 5.80% | 5.40% |
| RIO Retention | 5 year fixed | 60% | £995 | 5.70% | 5.55% |
| RIO Retention | 5 year fixed (fee free) | 60% | £0 | 5.85% | 5.70% |
| RIO Retention | 2 year fixed | 75% | £995 | 5.85% | 5.45% |
| RIO Retention | 2 year fixed (fee free) | 75% | £0 | 6.00% | 5.60% |
| RIO Retention | 5 year fixed | 75% | £995 | 5.90% | 5.75% |
| RIO Retention | 5 year fixed (fee free) | 75% | £0 | 6.05% | 5.90% |
| Holiday Let Retention | 2 year fixed | 60% | £995 | 5.95% | 5.75% |
| Holiday Let Retention | 2 year fixed (fee free) | 60% | £0 | 6.10% | 5.90% |
| Holiday Let Retention | 5 year fixed | 60% | £995 | 6.00% | 5.90% |
| Holiday Let Retention | 5 year fixed (fee free) | 60% | £0 | 6.15% | 6.05% |
| Holiday Let Retention | 2 year fixed | 75% | £995 | 6.15% | 5.95% |
| Holiday Let Retention | 2 year fixed (fee free) | 75% | £0 | 6.30% | 6.10% |
| Holiday Let Retention | 5 year fixed | 75% | £995 | 6.20% | 6.10% |
| Holiday Let Retention | 5 year fixed (fee free) | 75% | £0 | 6.35% | 6.25% |
| Retirement Mortgage Retention | 2 year fixed | Based on age | £0 | 5.90% | 5.60% |
| Retirement Mortgage Retention | 5 year fixed | Based on age | £0 | 6.00% | 5.80% |