Real flexibility for real life
At Hodge, we know customers’ financial needs don’t stop at a certain age. From supporting family to consolidating debt or making home improvements, many borrowers still need flexible mortgage options well into later life.
That’s why we’ve enhanced our remortgage range to include up to 90% LTV remortgaging into retirement. We ‘re giving brokers even more ways to support clients whose financial journeys don’t follow a straight line.
According to UK Finance Forecast, the external remortgage market is projected to reach £76bn in 2025. And with nearly 885,000 UK mortgages set to expire during 2025, demand for more flexible, tailored solutions will only continue to grow.
We’re also in the midst of traditionally one of the busiest couple of months for remortgaging, and so these enhancements couldn’t be better timed.
What’s new
The expanded remortgage options now include:
- Capital raising up to 90% LTV
- Debt consolidation up to 85% LTV
- Consideration of earned income up to age 80
- 100% of all income – including retirement income.
These changes set us apart by giving brokers more ways to help customers with specialist cases. So, whether that’s gifting to family, carrying out home improvements, or consolidating debt, we’ve got solutions to support your clients.
Why it makes a difference
We’ve designed these enhancements based on what you talk to us about most often. For your clients who are:
- Separating or divorcing and needing a fresh start
- Releasing equity to gift money to family
- Consolidating debt while planning for retirement
- Lack intergenerational gifting, such as the ‘bank of mum and dad’ to support them
- Needing longer mortgage terms that extend into retirement.
Our products are built with these real-life scenarios in mind. By offering flexibility where other lenders might stop short, we can provide a real lifeline for customers who want options that reflect their individual needs.
Emma Graham, business development director at Hodge
“We know that life isn’t always linear, and people’s financial journeys don’t always fit a traditional mould. That’s why we’ve designed our remortgage products to give customers more flexibility, whether they’re raising capital, consolidating debt, or supporting their family.
“We’re proud to support people into and through retirement, recognising all forms of income, not just earned income, when assessing affordability.”
Our commitment to you
At Hodge, we’ve always championed choice and flexibility, removing barriers and recognising all forms of income. That means customers can trust us to support them in making financial decisions that fit their lives today and in the future.
Find out more
For more product details and criteria, visit our broker portal or speak to your local BDM today.