55+ & RIO Update Lower Rates & New Options

Infographic Why Hodge

NEWS* New lower rates plus fee free options, 70% LTV from age 50 and free valuations to £1,000,000.

At Hodge, asking for feedback and listening to what you want guides the decisions we make and the products we create for our customers. We’ve taken this feedback on board and used it to overhaul our 55+ and RIO range, it’s just another way of offering a helping hand to both you and your clients.

Our latest changes, available from Tuesday 7th May:

·  Rate reductions on all 55+ and RIO residential mortgages PLUS fee free options across both ranges and free valuations for properties worth up to £1,000,000 as standard.

·  70% LTV from age 50 with loans up to £1,500,000.

·  Optional over-payments available penalty-free from day 1 with free legal advice for standard re-mortgages.

Changes apply to our 55+ 2 year fix, 2 year discount and 5 year fix mortgages, as well as RIO 2 year fix, 2 year discount and 5 year fix.

Download a copy of the changes here

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