Highlights include: 

• A professional two-year fixed-rate offer at 80% LTV, with a £995, at 6.35%, reduced by 40bps. 
• A professional five-year fixed-rate deal at 80% loan to value, with no fee, at 6.50%, down by 40 bps 
• A holiday let two-year fixed-rate loan at 60% LTV, with a £995 fee, at 6.55%, cut by 10bps. 
• A holiday let five-year fixed-rate offer at 75% LTV, with no fee, at 6.95%, reduced by 5bps 
• A 50-plus two-year fixed-rate loan at 60% LTV, with no fee, at 6.05%, down by 10 bps 
• And a 50-plus five-year fixed-rate deal at 75% LTV, with no fee, at 6.30%, cut by 10 bps 

The specialist bank says this is the second time it has cut rates in the past two months, since re-entering the market after a pause in July, adding it is now in a position to offer its full product range for the first time since November. It launched its professional range of loans earlier this month. 

The move comes after chancellor Jeremy Hunt calmed international debt markets in October, by largely reversing former chancellor Kwasi Kwarteng’s tax-cutting mini-budget on 23 September, which saw the number of products on the market fall sharply while remaining loan prices jumped. Hunt went on to consolidate his measures in the Autumn Statement last month.             

Hodge business development director Emma Graham says: “It has been a turbulent year for the industry, to say the least – a boom at the beginning, with storm clouds gathering in the middle, and now we are all grateful to see some stability returning, both economically and to the mortgage and property market.”