Hodge has announced a fresh round of rate cuts across its holiday-let mortgage range, reducing costs for both new and existing customers.
The specialist lender has lowered rates on its 2-year fixed holiday-let products, with new business rates reduced by 0.20% and retention rates by 0.15%.
The move follows a series of recent pricing changes and criteria updates as Hodge continues to refine its product range for borrowers with more complex circumstances.
“The introduction of reduced rates across our 2-year holiday let products strengthen their competitiveness, making it easier for brokers to place trickier cases,” said Emma Graham, business development director at Hodge. “With no minimum income requirements, the acceptance of first-time buyers and first-time landlords, and our Early Repayment Promise, our underwriters take the time to understand each case on its own merit.”
The lender’s broader criteria include flexible underwriting and a case-by-case approach, supporting a wide range of customer profiles.
