For the second time this month, specialist lender Hodge is reducing rates across a range of its 50+ and Retirement Interest Only (RIO) Mortgages – with some rates being cut by 0.33%.
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 this Tuesday (July 30th):
Emma Graham, business development director at Hodge, said: “We are thrilled to reduce rates further across many of our RIO and 50+ mortgage products. This rate reduction is another sign of stabilisation of the market, enabling us to implement changes more frequently.
“By making two rate reductions in less than a month, we are hoping this will instill even more confidence in the market and encourage our intermediary partners to access Hodge’s flexible, market-leading mortgage solutions.”
Emma added: “We pride ourselves on our personal service and ‘open door’ policy, and believe that these rate reductions demonstrate our commitment to maintaining the best customer service and products available.”
For more information on Hodge’s full range of mortgage products visit: hodgebank.co.uk/mortgages/