We’ve increased our maximum loan size to £3 million at 75% LTV and up to £1m at 90% LTV, helping customers with complex incomes borrow more and secure the homes they want for their future.

Available across our Resi and Resi Retire mortgage ranges, clients can borrow when they need to, regardless of age. We consider 100% of all income and assess every case manually to ensure aspirational borrowers are matched with an aspirational lender.

This higher loan value offers a lending solution for high net worth clients or those with income out of the ordinary who are looking to expand their affordability. Incomes are becoming increasingly complex, while house prices have risen by around a quarter in the past five years, making it more difficult for people to access the size of mortgage they need.

At Hodge, our first port of call when evolving our criteria is always our broker community. You understand your clients better than anyone and that insight helps us make sure our lending keeps pace with how people live, work and earn today.

Emma Graham shares her take on the new higher loan limits:

“We know complex incomes are increasingly becoming a challenge for brokers who are trying to do the best for their clients.

“We’ve also seen borrowers with the desire to skip the starter home and get straight into their forever home, something these criteria enhancements will support.

“Life doesn’t look like it used to, careers are being built to give people the lives they want, rather just to live and Hodge Bank is there for them, from age 21 right up to and into retirement. Hodge’s underwriters assess 100% of all income which is becoming more important as income becomes more complex.”

Emma Graham

With lending available from age 21 and into retirement, our manual underwriting provides a flexible, case-by-case approach that reflects each client’s circumstances and income profile.

Here’s how our maximum loans and LTVs now look:

  • £1m at 90% LTV
  • £2m at 85% LTV
  • £2.5m at 80% LTV
  • £3m at 75% LTV

Find out more

This enhancement to Hodge’s criteria is the latest in a series of changes, such as the recent increase of maximum LTV to 80% on interest only mortgages, placing flexibility front and centre while making the broker journey feel seamless.

For more product details and criteria, visit our broker portal or speak to your local BDM today.