
Hodge offers up to six times LTI across mortgage offering
The specialist lender announced that they’ve increased the LTI ratio for those on a salary of over £75,000..

The specialist lender announced that they’ve increased the LTI ratio for those on a salary of over £75,000..

Hodge is set to increase its loan-to-value (LTV) ratio from 80% to 90%, making it easier for foreign nationals to secure a mortgage with a lower deposit.

Rates have also been reduced across the holiday let retention range by up to 0.83%.

This comes hot off the heels of Hodge rebranding its professional mortgage to Hodge Resi.

The new rates include a 50+ 5-year fixed at 60% LTV with £995 fee at 5.32%.

The specialist lender’s ‘Hodge Resi’ proposition will provide more inclusive borrowing options for customers with complex income requirements.

These reductions, which affect several of its 2-year and 5-year fixed rate products, will be available to new and existing customers as of today, Tuesday 30 July.

Charlie Ellaway of Hodge explains why the promotion of diversity and inclusion is key within financial services.

The specialist lender has made a series of changes to support 50+ customers with variable earnings, helping more borrowers access its range of later life mortgages.

The changes include cuts across its range of 2-year and 5-year fixed rate products.

The Hodge team joined more than 50,000 revellers attending the two-day event, taking their place in the event as parade sponsor.Â

Hodge has increased the first death stress on its 50+ product and enhanced criteria for annexes across its wider range.
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