The Business Mortgage Company has added Hodge to its panel, enabling broker members to access the lender’s holiday let mortgage.
Hodge launched its product for holiday rentals last December and the recent surge in demand for UK staycations prompted by Covid travel restrictions has seen a flurry of other lenders entering or returning to the market.
Hodge business development director Emma Graham says: “We’re really pleased to be joining TBMC’s lender panel and are looking forward to providing their brokers and customers with access to our specialist holiday let mortgage.
“I’m confident that both our flexible underwriting approach and our carefully considered criteria will encompass everything TBMC members need to help them make the most of the staycation market.”
TBMC managing director Jane Simpson says: “We’re really excited about this new relationship and are delighted to be able to offer our members the ability to access to the Hodge holiday let mortgage.
“With consumers increasingly opting to holiday in the UK and the introduction of the stamp duty holiday, we’re seeing an increase in enquiries for holiday lets, in particular from buy-to-let landlords.
“Hodge’s holiday let mortgage has been designed with help from specialist brokers who know the market well, coupled with Hodge’s dedicated team of dedicated underwriters who want to help, this product will provide our brokers with much sought after flexibility during a time where there is great demand for more choice.”