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Hodge has reduced its rates on holiday let mortgages by 0.10% on 75% LTV rates.
This latest rate drop comes after the intermediary only lender also reduced the rates on its 50+ and RIO mortgage products, of 0.30% and 0.20% respectively.
Emma Graham, business development director at Hodge, said: “Here at Hodge we are always striving to work collaboratively and listen to the wants and needs of our intermediary partners, and that’s why we have made this rate reduction for our holiday let product.
“The holiday let market has had a bumper year, with the pandemic and lockdowns restricting holiday choices for many and attracting new people to the market, and as a result it has been a very popular mortgage product in a very competitive market.
“So, it is great to be able to offer this rate reduction on our holiday let products, as well as our flexible way of lending and assessing applications on a case by case basis, further helping our intermediary partners get their customers the mortgages they need at the right rate.”
More information about these products can be found at: https://hodgebank.co.uk/intermediaries/mortgages/holiday-let/
ENDS
Notes to editors
For more information please contact:
Kath Chadwick or Lynsey Walden at Front Door Communications on [email protected]/[email protected] and 029 20 020360.
About Hodge:
Hodge is an independently owned group based in Cardiff, offering a range of personal mortgage products, savings products to private and commercial clients, as well as lending to commercial clients nationwide.
Over 85,000 customers across the UK trust Hodge to support them because of its years of expertise and knowledge in the markets it serves. Hodge design products with customers in mind, keeping things simple and straightforward.
The Hodge Foundation, a charity supporting the welfare, medical, academic and educational areas own 79% of Hodge.
More information can be found on the website www.hodgebank.co.uk.
Follow @HodgeBank on Twitter
