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
Good news for landlords!
I want to share some good news with you today.
We all know times are tough right now. With rises in the Bank Of England base rate, ever increasing utility and energy costs and higher inflation, the residential investment sector has been faced with considerable uncertainty in recent months. But we hope to change the dialogue a little.
At Hodge, we remain committed to helping our landlord clients capitalise on the residential opportunities that exist in the market. Therefore, a limited tranche of lending capital has been allocated for applications received by the end May at new pricing.
With immediate effect, we have reduced our 5-year fixed rates as follows:
3.3% up to 60% LTV
3.4% up to 69% LTV
3.5% 70% and above