Mortgage deals in the lender’s fifty plus range that fall within the loan to value (LTV) ranges of 50 per cent and 60 per cent have been cut by 0.30 per cent.
Following the cuts, mortgages deals in the range start from 2.70 per cent.
Hodge’s five-year fixed rate RIO deal with an LTV of 50 per cent has been cut by 0.20 per cent from 3.10 per cent to 2.90 per cent.
Emma Graham (pictured), business development director at Hodge, said: “Hodge is constantly looking to help our intermediary partners in offering competitive and flexible products and this is our latest move to do just that.
“These reductions in parallel with our common-sense approach to lending and our underwriter’s willingness to assess cases on their own merits means we can now support more of your customers with their lending needs.”
