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
Hodge cuts rates on its 50+ and RIO Mortgage product range
Hodge is reducing rates across a selection of its 50+ and Retirement Interest Only (RIO) Mortgages by as much as 0.26%.
The specialist lender is reducing the interest on a range of its 2-year and 5-year fixed rate products, available to new and existing customers.
As of Thursday (July 11th), rates on Hodge’s 50+ and RIO product ranges are as follows:
Emma Graham, business development manager at Hodge, said: “We’ve implemented these changes to give our brokers and their customers greater choice as the market settles and rates continue to fall.
“We’re hoping these latest rate reductions will help our intermediary partners serve customers requiring specialist mortgage solutions, with competitive rates on our market-leading 50+ and RIO mortgages.”
For more information on Hodge’s full range of mortgage products visit: hodgebank.co.uk/mortgages/