Hodge has reduced rates across a selection of its 50+ and Retirement Interest Only (RIO) mortgages by up to 0.26%.
The changes come into effect from today, and include cuts across its range of 2-year and 5-year fixed rate products, available to both new and existing customers.
The new rates start from as low as 5.65% and are available across the 75% loan-to-value (LTV) bracket.
Emma Graham (pictured), business development manager (BDM) at Hodge, said: “We’ve implemented these changes to give our brokers and their customers greater choice as the market settles and rates continue to fall.
“We’re hoping these latest rate reductions will help our intermediary partners serve customers requiring specialist mortgage solutions, with competitive rates on our market-leading 50+ and RIO mortgages.”
