Brilliant Solutions

Hodge Update

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’ve removed our maximum purchase price, increased our maximum loan size to £1.5m and reduced our rates

We’re excited to let you know about some product updates across our mortgage range.

We’ve increased our maximum loan size to £1.5million (previously £1m) and removed our maximum purchase price (previously £2m) across our range of specialist mortgage products, meaning that our lending parameters are now back to pre-pandemic levels.
 
These latest updates follow the recent increase to our LTV from 70% to 75% across our 50+ and RIO mortgage products, meaning that all of our mortgage products including Holiday Let are now available with up to 75% LTV.

We’re also pleased to announce a number of rate changes across our range including:

  • reduction of 0.20% across all our Holiday Let products
  • reduction of 0.20% on our 75% LTV 50+ products
  • The introduction of a 2-year discounted product at 75% LTV across our 50+ & RIO range

 

Share this:

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top