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
Important update from Hodge – Rate Change
We have reviewed our mortgage rates to ensure we continue to lend and operate responsibly and will be increasing our interest rates across all our products (50+, RIO and Holiday Let) by an average of 0.60% with effect from 5pm on the 30th May.
Key information:
- Rates are rising from 5pm on 30th May 2022
- Rates will rise by an average of 0.60% across all products
- DIPs must be submitted by 5pm on 25th May (tomorrow)
- To secure current rates full applications must be submitted by 5pm on the 30th May
- To view our full list of current products & rates please click here.
We appreciate the challenge you face at this time with a number of lenders withdrawing and increasing their interest rates. We hope by giving you as much notice as we can, you’ll have time to prepare your clients.