Hodge launches portfolio BTL loan

Hodge has announced the launch of a new portfolio buy-to-let loan.

The loan is a five-year fix at 4.2 per cent. The offering includes a maximum loan value of £250,000 and a maximum term of 25 years.

In addition, interest-only options are available.

The loan is designed for landlords with four or more properties who want to group their properties together, according to the firm.

The new product is also available to ltd. companies and LLP structures.

Hodge managing director of commercial lending Kevin Beevers comments: “The launch is part of a series of huge developments across Hodge to create more tailored products for our customers, innovate the market and grow our overall commercial lending proposition.

This comes after the firm cut rates, lowered the age limit, and introduced fee-free options across its RIO mortgage products, earlier this week.



Hodge overhauls RIO offering

Hodge has cut interest rates across all its retirement interest-only mortgages, lowered the age limit and introduced fee-free options. The retirement specialist has introduced a RIO product with an interest rate of 3.1 per cent, which it claims is the lowest on the market. As well as cutting rates across its range, Hodge has introduced […]


Hodge Lifetime’s Steve Cox joins Fleet Mortgages

Specialist lender Fleet Mortgages has appointed Steve Cox as its new distribution director. Cox most recently worked at Hodge Lifetime as business development director with responsibility for lifetime and equity release sales; he held the role since April 2016. Prior to this Steve spent eight years as head of commercial development at Sesame Bankhall Group. […]


Mortgage borrowing up in March, but house purchases down: Bank of England

Mortgage market activity picked up in March, following a weak February, according to figures from the Bank of England. The bank’s Money and Credit report found that households borrowed an extra £4.1bn secured against property in March, compared to £3.3bn in the previous month. The annual growth rate of mortgage lending was 3.3 per cent. […]


News and expert analysis straight to your inbox

Sign up