News in brief – 28 November 2024

Hodge has reinstated its five-year fixed rate products, added a new two-year fixed rate product and reduced the rate on its current two-year fixed rate product by 95 basis points. The specialist lender also confirmed that rates have been reduced across its holiday let retention range by up to 83 basis points.

Hampshire Trust Bank (HTB) has completed a £12.8m refinance in Bournemouth, transitioning a development finance loan into its specialist mortgages portfolio. The deal involved 65 rental units and saw HTB refinance £12.25m while providing an additional £550,000 to fund the next stage of the project.

Dudley Building Society has announced the launch of two new two-year discount mortgage products for buy-to-let and holiday let customers. These products offer rate reductions of up to 0.77% and are designed for landlords and holiday let investors looking for competitive, flexible short-term financing solutions for purchases or remortgages.



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