Hodge says it has loosened the criteria of its interest-only professional mortgage range, which it offers to those with complex incomes, professional traineeships — or are in self-employment, such as barristers, dentists and doctors. The lender says it will consider up to six times loan-to-income deals and up to 75% loan-to-value on interest-only products, […]
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07
Sep
Sep
The percentage of customers who applied for RIO loans who wanted to cut their debts has fallen to 7% so far this year, compared to 13% in the same period a year ago, says the lender after analysis of its own sales data. However, the survey did show some evidence of belt-tightening, with the number […]